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Listing Provided Courtesy Of:
CENTURY 21 FOOTHILLS REAL ESTATE
Address
617 1 Street SW High River, AB
Price
$ 2,350,000
Property Attributes
  • ML#A1046869
  • TypeCommercial
  • CityHigh River
  • NeighbourhoodDowntown High River
  • Postal CodeT1V 1A2
  • StyleOffice
  • Price$ 2,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,248 SqFt
Listing Provided Courtesy Of:
CENTURY 21 FOOTHILLS REAL ESTATE
Property Description

Excellent investment property in downtown High River, with a graduating lease in place from $20.00 per sq/ft to $25.00 per sq/ft triple net until 2023 with an option to renew. Long term tenants in place, cap rate now at 8.5% with upside to year 5. Well cared for, low maintenance, on-site parking and property management service available locally to non-resident investors.( Please note 1864 sq.ft. currently for lease, when leased greatly improves ROI.}

Price History
11/5/2020 Listed $2,350,000

General Features

Accessto Property Front and Rear Drive access, Lane
Community Features Street Lights
Condo Type Not a Condo
Cooling Central Air
Heating Forced Air, Natural Gas
Property SubType Office
Property Type Commercial
Structure Type Office
Subdivision Name Downtown High River
Transaction Type For Sale
Zoning CBD

Interior Features

Below Grade Finished Area 0.00
Building Area Total Metres 937.76
Building Area Total Sf 10094.00
Main Level Finished Area 0.00
Main Level Finished Area Metres 0.00
Main Level Finished Area Sf 0.00
Main Level Finished Area Srch Sq 0.00
Main Level Finished Area Units SquareFeet

Exterior Features

Building Area Total 10094.00
Foundation Poured Concrete
Lot Description City Lot, Corner Lot, Low Maintenance Landscape
Lot Size Acres 0.19
Parking Total 6

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T1V 1A2

Price
AVG $1.41M
$2.35M
Visits
AVG 16
4
Year Built
AVG 1980
1980
Walkscore
AVG 43
43
Data Provided by Walkscore ® not using MLS data

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