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LOADING

2, 3, 505 Railway Street W Cochrane, Alberta T4C 2E2

2864.71 sqft
Hot Water

$929,900

Maintenance,

$1,415.19 Monthly

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:49443)

Property Details

MLS® Number A2176895
Property Type Office
Community Name Downtown
Plan 1312967,

Building

Constructed Date 2006
Construction Material Wood Frame
Exterior Finish Brick, Vinyl Siding
Heating Type Hot Water
Size Exterior 2864.71 Sqft
Size Interior 2864.71 Sqft
Total Finished Area 2864.71 Sqft
Type Offices

Land

Acreage No
Size Total Text Unknown
Zoning Description C-g

https://www.realtor.ca/real-estate/27608651/2-3-505-railway-street-w-cochrane-downtown