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113 Railway St W 14,422 SF 100% Leased Retail Building Cochrane, AB T4C 2B7 $4,800,000 CAD ($332.82 CAD/SF) 6.46% Cap Rate

Retail Spaces Alberta Cochrane 113 Railway St W, Cochrane, AB T4C 2B7

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Executive Summary

11 unit apartment complex over 2 commercial
businesses. Extensive renovations to apartments over
last 2 years. Restaurant invested over $500,000 in
upgrades and is considered a premium entertainment
venue for local community.Property comes with
additional land used for overflow parking.

Attachments

Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
14,422 SF
Year Built/Renovated
1980/2014
Price
$4,800,000 CAD
Price Per SF
$332.82 CAD
Cap Rate
6.46%
NOI
$310,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
13’
Zoning
C-S
Parking
45 Spaces (3.12 Spaces per 1,000 SF Leased)
Frontage
151’ on Railway St

Amenities

  • Signage

About 113 RAILWAY ST W , COCHRANE, AB T4C 2B7

• 11 unit apartment complex over 2 commercial businesses • Extensive renovations to apartments over last 2 years • Restaurant invested over $ 500,000 in upgrades and is considered a premium entertainment venue for local community • Liquor store has been a tenant since 2009 • Building is approximately 14,422 sq ft • Property comes with additional land used for overflow parking

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Railway Liquor Store
  • -
  • 1,000 SF
  • -
  • -
  • The Venue Pub
  • -
  • 6,211 SF
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Railway Liquor Store - 1,000 SF - -
The Venue Pub - 6,211 SF - -
1 1
113 Railway St W, Cochrane, AB - Aerial map view - Image1
113 Railway St W, Cochrane, AB - Aerial map view - Image2
113 Railway St W, Cochrane, AB - Aerial map view - Image3
113 Railway St W, Cochrane, AB - Aerial map view - Image4
Walk Score®
Very Walkable (75)
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Nearby Major Retailers

Save-On-Foods
BMO
Royal Bank of Canada
Original Joe's
Montana’s BBQ & Bar
Noodlebox
F45 Training, Inc.
9Round
Fit Body Boot Camp
CrossFit
(587) 325-1105

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Contact the broker for more information about this property

Contact

  • Listing ID: 15375973

  • Date on Market: 2019-03-07

  • Last Updated:

  • Address: 113 Railway St W, Cochrane, AB T4C 2B7

The Retail Property at 113 Railway St W, Cochrane, AB T4C 2B7 is currently available for Sale. Contact Avenue Commercial for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

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113 Railway St W
(587) 325-1105 x

113 Railway St W

Steven Butt
(587) 325-1105

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