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High River,AB T1V 1M5
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Downtown High River
MLS Listing ID A2049303
Year Built 1944
Lot Size 5,425 Sqft
Acres 0.12
Property Description
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.
Location
Province AB
County Foothills County
Zoning CBD
Interior
Heating Forced Air,Natural Gas
Inclusions None
Exterior
Roof Type Tar/Gravel
Building
Dwelling Type Low Rise (2-4 stories)
Structure Type Stucco
Others
Restrictions Easement Registered On Title
Tax ID 77126854