Discover a rare chance to own a strategically located commercial real estate asset in the heart of Cochrane’s vibrant downtown on Railway Street. This offering includes three combined main-floor commercial condo units, totaling 2,865 sq. ft. The property is currently leased to two strong tenants, with 2,321 sq. ft. secured by Broker Link under lease until mid-2027, and an additional 543 sq. ft. leased separately for the same favorable term. Broker Link, a highly reputable tenant, adds exceptional stability and peace of mind for investors. The property is positioned on a busy thoroughfare with excellent visibility and high foot traffic, just half a block from the Cochrane transportation hub, making it convenient and accessible. The well-managed condo association, with solid financials, further supports long-term value. Ample on-site parking is available for tenants and clients, while the units themselves are modern, well-maintained, and attractive to a wide range of businesses, ensuring they will be easily re-rented if ever vacant.Originally purchased as a retirement investment, this property is now ready to be passed on, presenting an exceptional opportunity for investors seeking reliable income streams in a thriving community. Don’t miss your chance to own this premier investment in one of Cochrane’s most desirable commercial locations. Contact your REALTOR® or the listing agent today for full details and supporting materials. (id:55577)
Property Features
- MLS® Number A2253309
-
Price
$900,000
Maintenance,
$1,435.19 Monthly - Square Footage: 2865 sqft
- Property Type: Commercial Mix
- Community Name: Downtown
- Plan 1312967 & 13
Buildings
| Constructed Date | 2006 | Foundation Type | Poured Concrete |
| Size Exterior | 2864.71 Sqft | Size Interior | 2865 Sqft |
| Total Finished Area | 2864.71 Sqft | Type | Commercial Mix |
Land
| Acreage | No | Size Total Text | Unknown |
| Zoning Description | C-g |
Agents and Offices
- Russ Austin
- Office: Cir Realty