Discover the potential with this commercial property nestled in the vibrant and growing town of Cochrane. Offering a generous 4,427 square feet, this historic site currently hosts a happy trifecta of long-standing tenants: a bustling beauty salon, a charming shoe store, and a well-stocked large bookstore. All tenants have a solid track record of over a decade and have expressed eagerness to renew their leases. With an appealing 6.2% cap rate, this property not only provides immediate, stable cash flow but also offers exciting prospects for future development. The zoning allows for a variety of uses, making it adaptable to changing business landscapes or increasing community needs. Strategically positioned, the property puts you within short walking distances to key community spots. It’s a hop away from the Cochrane High School and a skip to the M&'M Food Market. Also, the picturesque views at Cochrane Park are just a stone''s throw away, ensuring you''re never far from a relaxing natural retreat. This downtown gem is perfect for investors looking to capitalize on Cochrane’s growth while securing a property steeped in community history. Whether you’re looking to maintain its current uses or explore new opportunities, this commercial space offers a foundation ripe with potential.
Property Details
Price:
$1,999,000
MLS #:
A2215077
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Retail
Subdivision:
Downtown
Listed Date:
Apr 26, 2025
Lot Size:
6,759 sqft / 0.16 acres (approx)
Year Built:
1970
See this Listing
Schools
Interior
Exterior
Parking Total
6
Financial
Map
Community
- Address107 First Avenue W Cochrane AB
- SubdivisionDowntown
- CityCochrane
- CountyRocky View County
- Zip CodeT4C 1A5
Subdivisions in Cochrane
- Bow Meadows
- Bow Ridge
- Crawford Ranch
- Downtown
- East End
- Fireside
- Glenbow
- GlenEagles
- Greystone
- Heartland
- Heritage Hills
- Industrial
- Jumping Pound Ridge
- Precedence
- River Heights
- River Song
- Rivercrest
- Riverview
- Riviera
- Rolling Range Estates
- Southbow Landing
- Sunset Ridge
- Sunterra Ridge
- The Willows
- West Pointe
- West Terrace
- West Valley
Market Summary
Current real estate data for Commercial in Cochrane as of Oct 11, 2025
26
Commercial Listed
133
Avg DOM
$706,453
Avg List Price
Property Summary
- Located in the Downtown subdivision, 107 First Avenue W Cochrane AB is a Commercial for sale in Cochrane, AB, T4C 1A5. It is listed for $1,999,000 To schedule a showing of MLS#a2215077 at 107 First Avenue W in Cochrane, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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