515 1 Street Sw, Downtown High River, High River

$695,000

1 of 36
0 Baths
.12 Acres

Office Property for Sale in Downtown High River, High River at 515 1 Street Sw

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.

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Essential Information
MLS® #A2049303
Price$695,000
Bathrooms0.00
Acres0.12
Year Built1944
TypeCommercial
Sub-TypeOffice
StatusActive
Community Information
Address515 1 Street Sw
CountyFoothills County
ProvinceAlberta
Postal CodeT1V 1M5
Interior
HeatingForced Air, Natural Gas
Exterior
RoofTar/Gravel
ConstructionStucco
Additional Information
ZoningCBD
Office

CENTURY 21 FOOTHILLS REAL ESTATE

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