AB > Cochrane > Downtown
Cochrane, AB T4C 2E2,505 Railway ST W #2,3,4
Cochrane, AB T4C 2E2,505 Railway ST W #2,3,4
Cochrane, AB T4C 2E2,505 Railway ST W #2,3,4
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Ken Rigel

Ken Rigel

+1(403) 207-1748
$900,000
Est. payment /mo
2,864 SqFt
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UPDATED:

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

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Listed by CIR Realty
Ken Rigel

Ken Rigel

Team Lead

+1(403) 207-1748

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