515 1 Street Sw , High River, Alberta T1V 1M5 For sale

$695,000

Area 4421 sqft
Year Built 1944
Type Offices

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. (id:51989)

Features of 515 1 Street Sw

  • MLS® Number A2049303
  • Price $695,000
  • Square Footage: 4421 sqft
  • Property Type: Offices
  • Community Name: Downtown High River
  • Plan 2245e

Buildings

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

Agents and Offices

  • Blair J. Gordon
  • Darren Metcalfe
  • Office: Century 21 Foothills Real Estate
  • Aerial
  • Walking Score
  • Street Level
What's Nearby

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