515 1 Street SW High River, AB T1V 1M5

$695,000
0.12
Acres
$695,000
Favorite

active
1/36
Street View

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.

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.

  • Neighborhood
  • Type
  • County
    Foothills County
  • Status
    Active
  • Listing #
    A2049303
  • Built
    1944
  • Lot Size
    0.12
  • Listed on site
    338 days
  • Listing Brokerage
    CENTURY 21 FOOTHILLS REAL ESTATE

Listed by:

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Last updated: 2024-03-01 16:15:01
Click for Map

Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Interior Features

  • No Basement
Favorite

Tour This Home

Fri
03May
Sat
04May
Sun
05May
Mon
06May
Tue
07May
Wed
08May
Thu
09May
Fri
10May
Sat
11May
Sun
12May
Mon
13May
Tue
14May
Wed
15May
Thu
16May
in Person
via Video Call