515 1 Street Sw, High River, Alberta T1V 1M5 (25646743)
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:36938)
Property Details
| MLS® Number | A2049303 |
| Property Type | Office |
| Community Name | Downtown High River |
| Plan | 2245e |
Building
| Constructed Date | 1944 |
| Exterior Finish | Stucco |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 4421 Sqft |
| Size Interior | 4421 Sqft |
| Total Finished Area | 4421 Sqft |
| Type | Offices |
Land
| Acreage | No |
| Size Irregular | 504.00 |
| Size Total | 504 M2|4,051 - 7,250 Sqft |
| Size Total Text | 504 M2|4,051 - 7,250 Sqft |
| Zoning Description | Cbd |
https://www.realtor.ca/real-estate/25646743/515-1-street-sw-high-river-downtown-high-river
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December 11 2023 08:55:52
Calgary Real Estate Board
Century 21 Foothills Real Estate