515 1 Street Sw High River, Alberta T1V 1M5
$695,000
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:58770)
Property Details
| MLS® Number | A2049303 |
| Property Type | Office |
| Community Name | Downtown High River |
| Plan | 2245e |
Building
| ConstructedDate | 1944 |
| ExteriorFinish | Stucco |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 4421 Sqft |
| SizeInterior | 4421 Sqft |
| TotalFinishedArea | 4421 Sqft |
| Type | Offices |
Land
| Acreage | No |
| SizeIrregular | 504.00 |
| SizeTotal | 504 M2|4,051 - 7,250 Sqft |
| SizeTotalText | 504 M2|4,051 - 7,250 Sqft |
| ZoningDescription | Cbd |
https://www.realtor.ca/real-estate/25646743/515-1-street-sw-high-river-downtown-high-river
Interested?
Contact us for more information
Blair J. Gordon
Broker of Record
618 Centre Street Se
High River, Alberta T1V 1E9
Darren Metcalfe
Associate
618 Centre Street Se
High River, Alberta T1V 1E9
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September 10 2024 10:30:50
Calgary Real Estate Board
Century 21 Foothills Real Estate