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107 First Avenue W
Cochrane Alberta T4C1A5 Canada

$1,999,000

Active Listing ID A2215077
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4,427 square feet
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Retail

$1,999,000

Active Listing ID A2215077
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107 First Avenue W 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鈥檚 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鈥檚 growth while securing a property steeped in community history. Whether you鈥檙e looking to maintain its current uses or explore new opportunities, this commercial space offers a foundation ripe with potential. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Additional Features
  • Basement
Listing Changed: 4/26/2025 12:35:43 AM GMT
Source Updated Date: 5/9/2025 11:05:35 PM GMT

Courtesy of: KS Malhi, Associate, RE/MAX iRealty Innovations