Cochrane, AB T4C2E2 2, 3, 505 Railway Street W
$929,900
18 more
Presented By: CIR Realty
Home Details
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:7434)
Presented By: CIR Realty
Interior Features for 2, 3, 505 Railway Street W
Other Interior Features
Building Fireplace PresentFalse
Building Heating TypeHot Water
Construction MaterialWood frame
General for 2, 3, 505 Railway Street W
Building TypeOffices
CommunityNameDowntown
Lease TypeGross
Maintenance Fee$1415.19
Ownership TypeCondominium/Strata
Property TypeOffice
Zoning DescriptionC-G
Exterior for 2, 3, 505 Railway Street W
Exterior FinishBrick, Vinyl siding
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty