2, 3, 505 Railway Street W Cochrane

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

$929,900

  • 2,865 Square Feet

Discover a unique chance to acquire a strategically located real estate asset in a bustling area of Cochrane on Railway Street. This offering includes three combined 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:59963)

  • Listing ID: A2176895
  • Property Type: Office
  • Year Built: 2006

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Details

  • Maintenance Fee: 1415.19
  • Maintenance Fee Payment Unit: Monthly
  • Ownership: Condominium/Strata
  • Plan: 1312967,
  • Transaction: For sale
  • Zoning Description: C-G

Building

  • Constructed Date: 2006
  • Constructed Material: Wood frame
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Heating: Hot Water
  • Size Exterior: 2864.71 sqft
  • Size Interior: 2864.71 sqft
  • Total Finished Area: 2864.71 sqft
  • Type: Offices
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2, 3, 505 Railway Street W in Cochrane Ontario. It was last modified on November 1st, 2024. Contact the Jobbagy Stephen & Associates Real Estate to schedule a viewing or to discover other Cochrane real estate for sale.

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