Maintenance,
$1,435.19 MonthlyDiscover 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:50955)
| MLS® Number | A2253309 |
| Property Type | Other |
| Community Name | Downtown |
| Plan | 1312967 & 13 |
| Constructed Date | 2006 |
| Foundation Type | Poured Concrete |
| Size Exterior | 2864.71 Sqft |
| Size Interior | 2,865 Ft2 |
| Total Finished Area | 2864.71 Sqft |
| Type | Commercial Mix |
| Acreage | No |
| Size Total Text | Unknown |
| Zoning Description | C-g |
https://www.realtor.ca/real-estate/28802604/234-505-railway-street-w-cochrane-downtown
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