$ 695,000
515 1 ST SW High River, AB T1V 1M5
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 695,000
Est. payment /mo
Active
515 1 ST SW High River, AB T1V 1M5
5,425 Sqft Lot
UPDATED:
09/10/2024 11:20 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision Downtown High River
MLS® Listing ID A2049303
Originating Board Calgary
Year Built 1944
Annual Tax Amount $7,348
Tax Year 2024
Lot Size 5,425 Sqft
Acres 0.12
Property Description
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.
Location
Province AB
County Foothills County
Zoning CBD
Interior
Heating Forced Air, Natural Gas
Inclusions None
Exterior
Roof Type Tar/Gravel
Building
Structure Type Stucco
Others
Restrictions Easement Registered On Title
Tax ID 77126854
Ownership Private
Listed by Century 21 Foothills Real Estate