2, 3, 505 Railway Street W

Office For Sale in Downtown, Cochrane

$929,900
Discover a unique chance to acquire a strategically located Commercial Real Estate Asset in a bustling Downtown Cochrane on Railway Street. This offering includes three combined Main Floor Commercial Condo units, totaling 2865 sq ft. Lease to 2 tenants, 2321 sq ft leased to Broker Link, with a secure lease in place until mid-2027. Additionally, a 543 sq ft unit is leased separately for the same favorable time period. Excellent Location: Positioned on a busy thoroughfare, ensuring high visibility and foot traffic. Ideal Tenants: Broker Link is a reputable tenant, enhancing the stability of your investment. Strong Condo Association: Well-managed with robust financials, providing peace of mind for investors. Ample Parking: Abundant parking options for tenants and clients, and only 1/2 a block from the Cochrane transportation hub adding convenience. Attractive Space: Well-maintained units that appeal to businesses looking for prime commercial real estate so if this ever becomes vacant it will be easily re-rented. The seller initially acquired this property as a retirement investment, and now, it’s time to pass the torch. This is an exceptional opportunity for investors seeking reliable income streams in a thriving location. For further details, be sure to check the attached photos and supplementary materials. Don’t miss out on this prime investment! Contact your REALTOR® or the listing agent for more details.
Address 2, 3, 505 Railway Street W
List Price $929,900
Property Type Commercial
Type of Dwelling Office
Area Cochrane
Sub-Area Downtown
Year Built 2006
Maint. Fee $1,415
MLS® Number A2176895
Listing Brokerage CIR Realty
Postal Code T4C 2E2
Zoning C-G

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Kathy Thirsk

RE/MAX First

#115, 8820 Blackfoot Trail SE Calgary Alberta T2J3J1

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