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113 Railway St W 14,422 SF 100% Leased Retail Building Cochrane, AB T4C 2B7 $3,438,592 USD ($238.43 USD/SF) 6.27% Cap Rate



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.
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.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
14,422 SF
Year Built/Renovated
1980/2014
Price
$3,438,592 USD
Price Per SF
$238.43 USD
Cap Rate
6.27%
NOI
$215,628 USD
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 | - | - |
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
1 of 8
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113 Railway St W
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