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2, 3-505 Railway Street WEST, Cochrane, AB, T4C 2E2

MLS® # A2176895
Commercial For Sale In Downtown Cochrane, Cochrane, Alberta
$929,900
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
2, 3-505 Railway Street West, Cochrane, AB
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ACTIVE
2, 3-505 Railway Street WEST, Cochrane, AB, T4C 2E2
$929,900

Property Information:

Discover a unique chance to acquire a strategically located Commercial Real Estate Asset in a bustling Downtown Cochrane on Railway Street. This offering includes three combined Main Floor Commercial Condo units, totaling 2865 sq ft. Lease to 2 tenants, 2321 sq ft leased to Broker Link, with a secure lease in place until mid-2027. Additionally, a 543 sq ft unit is leased separately for the same favorable time period. Excellent Location: Positioned on a busy thoroughfare, ensuring high visibility and foot traffic. Ideal Tenants: Broker Link is a reputable tenant, enhancing the stability of your investment. Strong Condo Association: Well-managed with robust financials, providing peace of mind for investors. Ample Parking: Abundant parking options for tenants and clients, and only 1/2 a block from the Cochrane transportation hub adding convenience. Attractive Space: Well-maintained units that appeal to businesses looking for prime commercial real estate so if this ever becomes vacant it will be easily re-rented. The seller initially acquired this property as a retirement investment, and now, it’s time to pass the torch. This is an exceptional opportunity for investors seeking reliable income streams in a thriving location. For further details, be sure to check the attached photos and supplementary materials. Don’t miss out on this prime investment! Contact your REALTOR® or the listing agent for more details.

Inclusions: None

Property Features:

  • Built in: 2006
  • Construction Materials: Brick, Vinyl Siding, Wood Frame
  • Floor Space (approx): 2864.71 Square Feet
  • Heating: Hot Water
  • Roof: Asphalt Shingle
  • Zoning: C-G

Courtesy of: CIR Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 2, 3-505 Railway Street WEST, Cochrane, AB, T4C 2E2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

36/100

Moderate-Low

ClimateCheck®

Current data

This property, 2, 3-505 Railway Street WEST, experiences 7 hot days per year at around 28.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 32.1 degrees Celsius.

Projected Avg. Temperature

Past
28.2℃
2050
32.1℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

27/100

Moderate-Low

ClimateCheck®

Current data

This property, 2, 3-505 Railway Street WEST, experiences 10 significant 2-day storms per year, with about 206.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 223.2mm of precipitation per year.

Precipitation Per Storm

Past
206.2mm
2050
223.2mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 2, 3-505 Railway Street WEST, Cochrane, AB, T4C 2E2

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$85,269.28

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.13 %

High school certificate or equivalent

41.16 %

Apprenticeship trade certificate/diploma

5.66 %

College/non-university certificate

24.49 %

University Degree

12.56 %

Commuter

Travel To Work

By Car

72.36 %

By Public Transit

0.0 %

By Walking

19.93 %

By Bicycle

2.12 %

By Other Methods

5.59 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.02 %

Houses

27.98 %

Own Vs. Rent