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Home AB Greater Calgary Cochrane Downtown Cochrane
2, 3, 505 Railway Street W
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2, 3, 505 Railway Street W $929,900
$929,900
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2, 3, 505 Railway Street W
Cochrane, Alberta T4C2E2

MLS® Number: A2176895

Listing Description

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. (29785546)

Property Summary

Property Type
Office
Building Type
Offices
Community Name
Downtown
Subdivision Name
Downtown
Title
Condominium/Strata
Land Size
Unknown
Built in
2006
Annual Property Taxes
$9,727.37
Time on REALTOR.ca
50 days

Building

Building Features
Construction Material
Wood frame
Heating & Cooling
Heating Type
Hot Water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Maintenance or Condo Information
Maintenance Fees
$1,415.19 Monthly

Measurements

Square Footage
2865 sqft
Total Finished Area
2865 sqft
Exterior Building Size
2865 sqft

Land

Other Property Information
Zoning Description
C-G
Lease Type
Gross
Data provided by: Pillar 9™
Russ Austin