Property Details

Featured in:

Winners:

Featured in:

Winners:

107 First Avenue W
Cochrane (A2215077)

$1,999,000
4,427 ft²
Loading Listing...

Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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.

Property details

Basic Info

MLS® #
A2215077
Property Type:
Commercial
Subtype:
Retail
Subdivision:
Downtown
Price
$1,999,000
Sale/Lease:
For Sale
Size:
4,427 sq.ft.
Year Built:
1970 (55 years old)

Building Info

Structure Type:
Mixed Use
Garage:
No
Fence:
Basement:
No
Inclusions:
N/A

Lot / Land Info

Lot Size:
0.16 acres
Zoning:
C-HD

Listing Info

Possession:
60 Days / Neg
Related Properties
Share This Listing
Ask About This Property
  • This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Your Agent

Grassroots Realty Group Ltd.
1-833-477-6687

Email