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Home AB High River
515 1 Street SW
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515 1 Street SW $695,000
$695,000
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515 1 Street SW
High River, Alberta T1V1M5

MLS® Number: A2049303

Listing Description

Downtown High River commercial building with two separate rental units. Built in 1945 but completely refurbished in 2014. Cinder block and brick construction with a flat membrane roof covered with built up tar and gravel. The effective age is estimated at 10 years with a 50 year life expectancy. Street parking and parking lot next door owned by Town of High River for free customer and client. Owner occupied wishing to lease back from buyer for one year in bay #1. Tenant in bay#2 has lease in place. Call for financial details on revenue and expense shows a 7% cap rate. (27696046)

Property Summary

Property Type
Office
Building Type
Offices
Community Name
Downtown High River
Subdivision Name
Downtown High River
Land Size
504 m2|4,051 - 7,250 sqft
Built in
1944
Annual Property Taxes
$7,348
Time on REALTOR.ca
493 days

Building

Heating & Cooling
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Stucco

Measurements

Square Footage
4421 sqft
Total Finished Area
4421 sqft
Exterior Building Size
4421 sqft

Land

Other Property Information
Zoning Description
CBD
Data provided by: Pillar 9™
Blair J. Gordon