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107 First Avenue W
Downtown (Cochrane) Cochrane T4C 1A5

$1,999,000
Commercial

Main Photo: 107 First Avenue W: Cochrane Retail for sale : MLS®# A2215077
Photo 1: 107 First Avenue W: Cochrane Retail for sale : MLS®# A2215077
Photo 2: 107 First Avenue W: Cochrane Retail for sale : MLS®# A2215077
Photo 3: 107 First Avenue W: Cochrane Retail for sale : MLS®# A2215077
Photo 4: 107 First Avenue W: Cochrane Retail for sale : MLS®# A2215077
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Photo 15: 107 First Avenue W: Cochrane Retail for sale : MLS®# A2215077
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Photo 18: 107 First Avenue W: Cochrane Retail for sale : MLS®# A2215077
Photo 19: 107 First Avenue W: Cochrane Retail for sale : MLS®# A2215077
Photo 20: 107 First Avenue W: Cochrane Retail for sale : MLS®# A2215077
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2215077
Build. Type:
Commercial Mix
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 Type:
Commercial
Property Sub Type:
Retail
Transaction Type:
For Sale
Possession:
Possession Date:
Building Type:
Commercial Mix, Old Time, Street Level Storefront
Total Building Area:
4,427 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,759 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1970 (Age: 55)
Bathrooms:
- (Full:-, Half:-)
Plan:
2174H
Structure Type:
Mixed Use
Ensuite:
No
Garage:
0
Parking Places:
6
Parking Total/Covered:
6 / -
Downtown (Cochrane)
N/A
Historic Site
Num. of Parcels:
0
Region:
Rocky View County
Zoning:
C-HD
Listed Date:
Apr 25, 2025
Days on Mkt:
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Larger map options:
Listed by RE/MAX iRealty Innovations
Data was last updated April 29, 2025 at 10:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.