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515 1 Street Sw High River, Alberta T1V 1M5

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Darren Metcalfe
Associate

(403) 652-9750
(403) 601-6096
www.foothillsproperties.ca/
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4421 sqft
Forced Air

$695,000

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:43352)

Property Details

MLS® Number A2049303
Property Type Office
Community Name Downtown High River
Plan 2245e

Building

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

https://www.realtor.ca/real-estate/25646743/515-1-street-sw-high-river-downtown-high-river

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