515 1 Street SW, High River, Alberta

$695,000

0.12

Acres

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.

MLS® # A2049303
Price $695,000
Bathrooms 0.00
Lot Size 5,425
Year Built 1944
Type Commercial
Sub-Type Office
Status Active

Community Information

Address 515 1 Street SW
Subdivision Downtown High River
City High River
Province Alberta
Postal Code T1V 1M5

Interior

Heating Forced Air, Natural Gas
Fireplace No
Has Basement No

Exterior

Roof Tar/Gravel
Construction Stucco

Additional Information

Date Listed May 30th, 2023
Days on Market 416
Zoning CBD

Listing Details

OfficeCENTURY 21 FOOTHILLS REAL ESTATE

Listing Map

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