Data was last updated 2020-06-29 at 08:34:27 GMT
$2,750,000

617 1 ST SW   High River, Alberta

MLS®: C4271470
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Excellent investment property in downtown High River, with a graduating lease in place from $19.00 per sq/ft to $25.00 per sq/ft triple net over five years with an option.  Recently renewed long term tenants in place, cap rate now at 7.5% with upside to year 5.  Well cared for, low maintenance, on-site parking and property management service available locally to non-resident investors.
Excellent investment property in downtown High River, with a graduating lease in place from $19.00 per sq/ft to $25.00 per sq/ft triple net over five years with an option. Recently renewed long term tenants in place, cap rate now at 7.5% with upside to year 5. Well cared for, low maintenance, on-site parking and property management service available locally to non-resident investors.

Listing Information

Prop. Type:
Office
Status:
Active
City:
High River
Neighbourhood:
Old Rodeo Grounds
Area:
High River
Province:
Alberta
MLS® Number:
C4271470
Listing Price:
$2,750,000

General Information

Year Built:
1980
Transaction Type:
For Sale
Zoning/Land Use Code:
CBD
Region:
Foothills
Tax Year:
2020
Subject Space SqFt:
10094
Total Square Feet:
10094ft2

Additional Information

Plan:
2245E
Legal Block:
5
Legal Lot/Unit:
9/11

Other Information

Land Size Acres:
0.0000
Zoning/Land Use:
CBD

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This property is listed by Century 21 Foothills Real Estate and provided here courtesy of Kyle Stone. For more information or to schedule a viewing please contact Kyle Stone.
Kyle Stone
Sotheby's International Realty Canada
Phone: (403) 254-5315
Mobile Phone: (403) 669-5390
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.