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:55577)
Property Features
- MLS® Number A2176895
-
Price
$929,900
Maintenance,
$1,415.19 Monthly - Square Footage: 2864.71 sqft
- Property Type: Offices
- Community Name: Downtown
- Plan 1312967,
Buildings
| 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 |
Agents and Offices
- Russ Austin
- Office: Cir Realty