915 Railway Street, Crossfield915 Railway Street, Crossfield — photo 2915 Railway Street, Crossfield — photo 3
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For Sale · Retail

915 Railway Street, Crossfield

915 Railway Street, Crossfield, AB T0M0S0

$700,000 total

4,980 SF

Asset Class

Retail

Size

4,980 SF

Building class

C

Zoning

CNC — Neighbourhood Commercial

$ / SF

$141

Occupancy

96%

Year Built

1977

Lot Size

0.18365472910927455 ac

About this property

Excellent commercial opportunity on Main Street in Crossfield! This 4,980 sq. ft. commercial building is zoned CBD (Central Business District) and offers a flexible layout suitable for a variety of potential business uses. Features include a 14' x 10' overhead delivery door and an approximately 80' x 100' paved lot, providing convenient access for customers, deliveries, and day-to-day operations. Previously operated as a liquor store, the building also offers potential to be divided into smaller commercial bays, creating opportunities for investors seeking multiple rental income streams or owner-operators looking to occupy all or part of the space. With its desirable Main Street location, versatile layout, and potential for a range of commercial uses, this property presents an excellent opportunity to establish, expand, or invest in the growing community of Crossfield. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$700K
Down payment30% · $210K
Interest rate6.25%
Amortization25 years
Occupancy96%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$45K

Annual cash flow

$6K

Cash-on-cash

3.06%

DSCR

1.17

Going-in cap

6.46%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy1,439 SF2033-04
Lakeview Physiotherapy3,322 SF2033-04

Area demographics

Trade area within 3 miles of the property.

Population

54,076

Households

24,701

Median income

$79,500

Median age

43.1

Daytime population

52,548

5-yr growth

2.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 915 Railway Street, Crossfield.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.