2,3,4, 505 Railway Street WCochraneAlbertaT4C2E2

Discover a rare chance to own a strategically located commercial real estate asset in the heart of Cochrane’s vibrant downtown on Railway Street. This offering includes three combined main-floor commercial condo units, totaling 2,865 sq. ft. The property is currently leased to two strong tenants, with 2,321 sq. ft. secured by Broker Link under lease until mid-2027, and an additional 543 sq. ft. leased separately for the same favorable term. Broker Link, a highly reputable tenant, adds exceptional stability and peace of mind for investors. The property is positioned on a busy thoroughfare with excellent visibility and high foot traffic, just half a block from the Cochrane transportation hub, making it convenient and accessible. The well-managed condo association, with solid financials, further supports long-term value. Ample on-site parking is available for tenants and clients, while the units themselves are modern, well-maintained, and attractive to a wide range of businesses, ensuring they will be easily re-rented if ever vacant.Originally purchased as a retirement investment, this property is now ready to be passed on, presenting an exceptional opportunity for investors seeking reliable income streams in a thriving community. Don’t miss your chance to own this premier investment in one of Cochrane’s most desirable commercial locations. Contact your REALTOR® or the listing agent today for full details and supporting materials. (id:58665)

Listing Details

Property Details

Full Address:
505 Railway Street West, Cochrane, Alberta
Price:
$ 900,000
MLS Number:
A2253309
List Date:
September 2nd, 2025
Neighbourhood:
Downtown
Building Size:
2864.71 sq.ft.
Year Built:
2006
Taxes:
$ 10,761
Listing Tax Year:
2025

Interior Features

Building Features

Foundation:
Poured Concrete
Building Size:
2864.71 sq.ft.
Ownership Type:
Condo/Strata
Legal Description (Lot):
230, 229, 227
Taxes:
$ 10,761
Stata Fees:
$ 1,435

Floors

Finished Area:
2865 sq.ft.
Main Floor:
2865 sq.ft.

Land

Neighbourhood Features

Ratings

Commercial Info

About The Area

Area Description

Downtown

Downtown Fort McMurray, also known as Lower Town Site, is the heart of this never stopping town. Highway 63 runs along the west side, with access to the north end of Fort McMurray and the Oil Sand sites. Living in the center of Fort McMurray puts you in the hustle and bustle of this thriving downtown community. Plus, you'll enjoy all of the major amenities within minutes of your home.

The living choices in the downtown are widely spread. First, you'll find condos with underground parking. Then you might look for townhomes with attached garages or assigned parking. Finally, you can also view single family homes with driveways or garages. There are options to live on the main street, or just off to the side where you can still have your quite small neighbourhood feel with the luxury of zero commuting to the downtown area. With multitude of options in the downtown area we will be able to give you many choices for your new home.

The downtown area offers all kinds of dining options, varying from fast food to 5-star dining experiences. There are many shopping malls; including Peter Pond Mall, River City Centre and Plaza 1. Residents enjoy many well-known stores and small local boutiques as well. You will only be seconds away from a world class recreational facility, MacDonald Island Park, which offers every type of sport and wellness class to sooth the soul. There are also many parks and walking trails, along the east side of the downtown, which is situated along the Clearwater River, giving the neighbourhood a very picturesque look and feel.

Three schools, including Keyano College, serve the downtown area. The downtown community also enjoys large playgrounds, tennis courts, soccer fields, and baseball diamonds.

Learn More About Downtown

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