107 First Avenue W
Cochrane, AB, T4C 1A5
$1,999,000
Beds
0 Baths
SqFt
0.16 Acres
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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&#38'M Food Market. Also, the picturesque views at Cochrane Park are just a stone&#39's throw away, ensuring you&#39'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
Address:
107 First Avenue W
Type:
Commercial
Subtype:
Retail
Subdivision:
Downtown
City:
Cochrane
Listed Date:
Apr 26, 2025
Province:
AB
Postal Code:
415
Lot Size:
6,759 sqft / 0.16 acres (approx)
Year Built:
1970
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Rob Johnstone is a trusted Calgary Realtor with over 30 years of real estate experience. He has evaluated thousands of properties and is a recognized expert in Calgary home and condo sales. Rob offers accurate home evaluations either by email or through in-person appointments. Both options are free and come with no obligation. His focus is to provide honest advice and professional insight, helping Calgary homeowners make confident decisions when it’s time to sell their property.

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107 First Avenue W
Cochrane, AB