About 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.
Features of 515 1 Street Sw
MLS® # | A2049303 |
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Price | $695,000 |
Bathrooms | 0.00 |
Acres | 0.12 |
Year Built | 1944 |
Type | Commercial |
Sub-Type | Office |
Status | Active |
Community Information
Address | 515 1 Street Sw |
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Subdivision | Downtown High River |
City | High River |
County | Foothills County |
Province | Alberta |
Postal Code | T1V 1M5 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Heating | Forced Air, Natural Gas |
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Fireplace | No |
Has Basement | No |
Exterior
Roof | Tar/Gravel |
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Construction | Stucco |
Additional Information
Date Listed | May 30th, 2023 |
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Days on Market | 520 |
Zoning | CBD |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | CENTURY 21 FOOTHILLS REAL ESTATE |
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