CAABCochraneDowntown505 Railway Street W
2-3-4 - 505 Railway Street W, Home with 0 bedrooms, 0 bathrooms and null parking in Cochrane AB | Image 1
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$900,000

2-3-4 - 505 Railway Street W, Cochrane, AB

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees $1,435
Taxes 
Days Active 16
Approx. Age 2006
MLS® Number A2253309

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Discover a rare chance to own a strategically located commercial real estate asset in the heart of Cochrane’s vibrant downtown on Railway Street. This offering includes three combined main-floor commercial condo units, totaling 2, 865 sq. Ft. The property is currently leased to two strong tenants, with 2, 321 sq. Ft. Secured by Broker Link under lease until mid-2027, and an additional 543 sq. Ft. Leased separately for the same favorable term. Broker Link, a highly reputable tenant, adds exceptional stability and peace of mind for investors. The property is positioned on a busy thoroughfare with excellent visibility and high foot traffic, just half a block from the Cochrane transportation hub, making it convenient and accessible. The well-managed condo association, with solid financials, further supports long-term value. Ample on-site parking is available for tenants and clients, while the units themselves are modern, well-maintained, and attractive to a wide range of businesses, ensuring they will be easily re-rented if ever vacant. Originally purchased as a retirement investment, this property is now ready to be passed on, presenting an exceptional opportunity for investors seeking reliable income streams in a thriving community. Don’t miss your chance to own this premier investment in one of Cochrane’s most desirable commercial locations. Contact your REALTOR® or the listing agent today for full details and supporting materials.Show Description
MLS® NumberA2253309
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2006
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBoiler
A/C
Heating Fuel

Extras

none

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