107 First Avenue, Cochrane

Retail Property for Sale

107 First Avenue, Cochrane, MLS® # A2215077
  • MLS®#: A2215077
  • Price: $1,999,000
  • Parking: 6
  • Status: Active
  • Year Built: 1970
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Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

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.

Contact Tessa Corley-Rae & Maria Corley About MLS® A2215077

Required Field

Tessa Corley-Rae & Maria Corley , 403.478.1232 at Real Estate Professionals Inc., 202, 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1

property information

  • Property Type: Retail Property
  • MLS®#: A2215077
  • Year Built: 1970
  • Restrictions: Historic Site
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Community Information

  • Address: 107 First Avenue
  • Neighbourhood: Downtown
  • City: Cochrane
  • Postal Code: T4C 1A5
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interior

  • Included: N/A
  • Fireplace Details: For Sale
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services & amenities

  • Parking: (6 Total Parking Spaces)
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$1,999,000

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Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.