2, 3, 505 Railway Street W, Cochrane

2024-11-02
 

Quick Summary

Location
2, 3, 505 Railway Street W, Cochrane, Alberta T4C2E2
Price
$929,900 CAD
Status:
For Sale
Property Type:
Office
Area:
2864ft2
Year of Construction:
2006

MLS®#A2176895

Property Description

Discover a unique chance to acquire a strategically located Commercial Real Estate Asset in a bustling Downtown Cochrane on Railway Street. This offering includes three combined Main Floor Commercial Condo units, totaling 2865 sq ft. Lease to 2 tenants, 2321 sq ft leased to Broker Link, with a secure lease in place until mid-2027. Additionally, a 543 sq ft unit is leased separately for the same favorable time period. Excellent Location: Positioned on a busy thoroughfare, ensuring high visibility and foot traffic. Ideal Tenants: Broker Link is a reputable tenant, enhancing the stability of your investment. Strong Condo Association: Well-managed with robust financials, providing peace of mind for investors. Ample Parking: Abundant parking options for tenants and clients, and only 1/2 a block from the Cochrane transportation hub adding convenience. Attractive Space: Well-maintained units that appeal to businesses looking for prime commercial real estate so if this ever becomes vacant it will be easily re-rented. The seller initially acquired this property as a retirement investment, and now, it’s time to pass the torch. This is an exceptional opportunity for investors seeking reliable income streams in a thriving location. For further details, be sure to check the attached photos and supplementary materials. Don’t miss out on this prime investment! Contact your REALTOR® or the listing agent for more details. (id:32467)

Property Features

Building

  • Exterior Finish: Brick, Vinyl siding
  • Fireplace: No
  • Interior Size: 2864.71 sqft
  • Building Type: Offices

Land

  • Land Size: Unknown

Maintenance Fee

  • Maintenance Fee: 1415.19

Ownership

  • Type: Condominium/Strata

Zoning

  • Description: C-G

Information entered by CIR Realty
Listing information last updated on: 2024-11-08 20:17:04


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