High River, AB T1V 1M5,515 1 ST Southwest
High River, AB T1V 1M5,515 1 ST Southwest
High River, AB T1V 1M5,515 1 ST Southwest
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$695,000
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5,425 Sqft Lot
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515 1 ST Southwest High River, AB T1V 1M5

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UPDATED:

09/10/2024 11:20 PM

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


Listed by Century 21 Foothills Real Estate

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Brett Wellman

Broker | cwellmbrcwellmbr

+1(403) 453-3343

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515 1 ST Southwest