515 1 Street, High River

Commercial Property for Sale

515 1 Street, High River, MLS® # A2049303

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.

Contact Tessa Corley-Rae & Maria Corley About MLS® A2049303

Required Field

Tessa Corley-Rae & Maria Corley , 403.478.1232 at Real Estate Professionals Inc., 202, 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1

property information

  • Property Type: Commercial Property
  • MLS®#: A2049303
  • Year Built: 1944
  • Restrictions: Easement Registered On Title
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Community Information

  • Address: 515 1 Street
  • Neighbourhood: Downtown High River
  • City: High River
  • Postal Code: T1V 1M5
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interior

  • Included: None
  • Fireplace Details: For Sale
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exterior

  • Exterior Finish: Stucco
  • Construction: Stucco
  • Roof: Tar/Gravel
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services & amenities

  • Heating: Forced Air,Natural Gas
  • Heating: Forced Air, Natural Gas
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$695,000

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Listing Courtesy of
CENTURY 21 FOOTHILLS REAL ESTATE
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.