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505 Railway Street W, #2,3,4
$900,000 Sale
Listed 23 days ago
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Key Facts
Key facts for 505 Railway Street W, #2,3,4
Property Type
Other
Parking
-
MLS #
A2253309
Size
-
Basement
-
Listed on
-
Lot size
-
Days on Market
-
Year Built
2006
Maintenance Fee
$1,435.19/mo
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, wi...th 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.
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Courtesy of: CIR Realty
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