Daryl Carlson - 403-259-4141

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Office in High River

$695,000.00
515 1 Street Southwest - MLS® #: A2049303
  • (174)
  • 66
  • 63
  • 0 Bedrooms
  • 0 Bathrooms
  • 4421 Sq Ft
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Daryl Carlson
403-259-4141

Property Type

Office

Description

Downtown High River commercial building with two separate rental units. Built in 1945 but completely refurbished in 2014. Cinder block and brick construction with a flat membrane roof covered with built up tar and gravel. The effective age is estimated at 10 years with a 50 year life expectancy. Street parking and parking lot next door owned by Town of High River for free customer and client. Owner occupied wishing to lease back from buyer for one year in bay #1. Tenant in bay#2 has lease in place. Call for financial details on revenue and expense shows a 7% cap rate. (id:6769

Property Details

Subarea
Downtown High River

Lot
504

Year Built
1944

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Listing data last updated date: 2023-06-16 02:25:14

Not intended to solicit properties currently listed for sale.The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. The trademarks MLS®, Multiple Listing Service and the associated logos are owned by CREA® and identify the quality of services provided by real estate professionals who are members of CREA®. REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

Listing Agent: Blair J. Gordon

Brokerage: CENTURY 21 FOOTHILLS REAL ESTATE