107 First AVE W, Cochrane, AB T4C 1A5
107 First AVE W, Cochrane, AB T4C 1A5
107 First AVE W, Cochrane, AB T4C 1A5
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Chris Forsyth

Chris Forsyth

+1(403) 391-8141
$1,999,900
Est. payment /mo
6,759 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Downtown

MLS® Listing ID A2279070

Year Built 1970

Annual Tax Amount $14,303

Tax Year 2025

Lot Size 6,759 Sqft

Acres 0.16

Property Sub-Type Retail

Source Calgary

Property 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.

Location

Province AB

County Rocky View County

Zoning C-HD

Others

Restrictions Historic Site

Tax ID 103117611

Ownership Private

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Listed by eXp Realty

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Chris Forsyth

Chris Forsyth

+1(403) 391-8141

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