2, 3, 505 Railway Street W, Cochrane, Alberta

$929,900

Previous Next

About 2, 3, 505 Railway Street W

Discover a unique chance to acquire a strategically located real estate asset in a bustling area of Cochrane on Railway Street. This offering includes three combined 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.

Features of 2, 3, 505 Railway Street W

MLS® # A2176895
Price $929,900
Bathrooms 0.00
Acres 0.00
Year Built 2006
Type Commercial
Sub-Type Office
Status Active

Community Information

Address 2, 3, 505 Railway Street W
Subdivision Downtown
City Cochrane
County Rocky View County
Province Alberta
Postal Code T4C 2E2

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Hot Water
Fireplace No
Has Basement No

Exterior

Roof Asphalt Shingle
Construction Brick, Vinyl Siding, Wood Frame

Additional Information

Date Listed November 1st, 2024
Days on Market 3
Zoning C-G
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCIR Realty

Listing Map