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. (id:47423)
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Detailed Information
Listing Contract Date
2023-05-30
Municipal ID
0014931331
Plan
2245E
Property Type
Office
Transaction Type
For sale
Zoning Description
CBD
Building
Constructed Date
1944
Exterior Finish
Stucco
Heating Fuel
Natural gas
Heating Type
Forced air
Size (Exterior)
4421 square feet
Total Finished Area
4421 sqft
Type
Offices
Land
Total Size
504 square meters
Size of Irregular Land
504.00
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