617 1 Street Sw, High River, Alberta T1V 1A2 (22564262)

Home/617 1 Street Sw, High River, Alberta T1V 1A2 (22564262)


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617 1 Street Sw High River, Alberta T1V 1A2

Central Air Conditioning Forced Air

$2,350,000

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.} (id:29763)

Property Details

MLS® Number A1046869
Property Type Office
Community Name Downtown High River
Features Lane
Parking Space Total 6
Plan 2245e

Building

Basement Type Unknown
Constructed Date 1980
Cooling Type Central Air Conditioning
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Total Finished Area 10094 Sqft
Type Offices

Land

Acreage No
Size Irregular 766.30
Size Total 766.3 M2|7,251 - 10,889 Sqft
Size Total Text 766.3 M2|7,251 - 10,889 Sqft
Zoning Description Cbd

https://www.realtor.ca/real-estate/22564262/617-1-street-sw-high-river-downtown-high-river

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