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Key Details
Sold Price $535,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown High River
MLS® Listing ID A2049303
Sold Date 11/01/24
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
Exterior
Roof Type Tar/Gravel
Building
Structure Type Stucco
Others
Restrictions Easement Registered On Title
Tax ID 77126854
Ownership Private
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