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
Visits
Year Built
Walkscore
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.