505 Railway ST W #2,3,4 new Save Request In-Person Tour Request Virtual Tour
Cochrane,AB T4C 2E2
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,864 sqft
Price per Sqft $314
Subdivision Downtown
MLS Listing ID A2253309
HOA Fees $1,435
HOA Y/N Yes
Year Built 2006
Property Sub-Type Mixed Use
Property Description
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.
Location
Province AB
County 0269
Zoning C-G
Interior
Heating Boiler
Inclusions none
Fireplace No
Exterior
Garage No
Building
Dwelling Type Mixed Use
Foundation Poured Concrete
Others
Restrictions Landlord Approval