2, 3, 505 Railway Street W
Cochrane
Update on 2023-07-04 10:05:04 AM
$929,900
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
2006
YEAR BUILT
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.
COMMUNITY | Downtown |
TYPE | Commercial |
STYLE | |
YEAR BUILT | 2006 |
SQUARE FOOTAGE |
BEDROOMS | |
BATHROOMS | |
BASEMENT | |
FEATURES |
GARAGE | 0 |
PARKING | |
ROOF | Asphalt Shingle |
LOT SQFT | 0 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | ||
Second Bedroom | ||
Third Bedroom | ||
Dining Room | ||
Family Room | ||
Kitchen | ||
Living Room |
INTERIOR
Hot Water,
EXTERIOR
Broker
CIR Realty
Agent