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$1,415.19 MonthlyDiscover 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:51438)
| MLS® Number | A2176895 |
| Property Type | Office |
| Community Name | Downtown |
| Plan | 1312967, |
| ConstructedDate | 2006 |
| ConstructionMaterial | Wood Frame |
| ExteriorFinish | Brick, Vinyl Siding |
| HeatingType | Hot Water |
| SizeExterior | 2864.71 Sqft |
| SizeInterior | 2864.71 Sqft |
| TotalFinishedArea | 2864.71 Sqft |
| Type | Offices |
| Acreage | No |
| SizeTotalText | Unknown |
| ZoningDescription | C-g |
https://www.realtor.ca/real-estate/27608651/2-3-505-railway-street-w-cochrane-downtown
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