617 1 St Sw, High River

$2,750,000

0 Beds
0 Baths
10,094 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #C4271470
Price$2,750,000
Bathrooms0.00
Square Footage10,094
Acres0.00
Year Built1980
TypeCommercial
Sub-TypeOffice
StatusActive
Community Information
Address617 1 St Sw
SubdivisionOld Rodeo Grounds
CityHigh River
CountyFoothills County
ProvinceAlberta
Postal CodeT1V 1A2
Interior
HeatingForced Air
Lot Description

Back Lane, Near Shopping Center, Landscaped, Level, Street Lighting, See Remarks, Views

Additional Information
Days on Market296
ZoningCBD
Office

CENTURY 21 FOOTHILLS REAL ESTATE

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Listing information last updated on August 4th, 2020 at 9:15am CDT.