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 |
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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 |
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Subdivision | Downtown |
City | Cochrane |
County | Rocky View County |
Province | Alberta |
Postal Code | T4C 2E2 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Heating | Hot Water |
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Fireplace | No |
Has Basement | No |
Exterior
Roof | Asphalt Shingle |
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Construction | Brick, Vinyl Siding, Wood Frame |
Additional Information
Date Listed | November 1st, 2024 |
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Days on Market | 3 |
Zoning | C-G |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | CIR Realty |
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