107 First Avenue W, Cochrane, Alberta, T4C 1A5

  • $1,999,000
  • $1,999,000

Description

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.

Details

Updated on June 30, 2025 at 8:00 am
  • Price $1,999,000
  • Property Type Retail, Commercial
  • Property Status Active
  • MLS Number A2215077
  • Address: 107 First Avenue W
  • City: Cochrane
  • State/county: Alberta
  • Zip/Postal Code: T4C 1A5
  • Area: Downtown

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