Blair Gordon

(403) 652-2121

CENTURY 21 FOOTHILLS REAL ESTATE

403-652-2121

515 1 Street SW
High River , Alberta T1V 1M5

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Invest in Rocky View County - Main Page Commercial

515 1 Street SW For Sale

$695,000

High River, Alberta

Transaction Type

For Sale

Days On Market

334

Zoning

CBD

Year Built

1944

Property Type

Commercial

Building Area (Sq. Ft.)

4421.00

Lot Size (Sq. Ft.)

5425

Listing ID: 21069

MLS ID: A2049303

Summary
Details

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.

Transaction Type
For Sale

Days On Market
334

Zoning
CBD

Subdivision
Downtown High River

Building Type
Free-Standing

Year Built
1944

Structure Type
Low Rise (2-4 stories)

Property Type
Commercial

Property Sub Type
Office

Legal Plan
2245E

Building Area (Sq. Ft.)
4421.00

Building Area (Sq. M.)
410.72