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
Type:
Commercial
Subtype:
Retail
Subdivision:
Downtown
Listed Date:
Apr 26, 2025
Lot Size:
6,759 sqft / 0.16 acres (approx)
Year Built:
1970
Downtown

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Parking Total
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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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