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Home AB Greater Calgary Cochrane Downtown Cochrane
424 THIRD Street W
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$829,000
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424 THIRD Street W
Cochrane, Alberta T4C1Z6

MLS® Number: A1208888
3
Bedrooms
3
Bathrooms
1553
Square Feet

Listing Description

Commercial Investor opportunity. Currently fully rented and occupied with tenants wanting to stay. Zoned Commercial Historic Downtown District this makes a great opportunity for a buyer to own your place of business instead of paying rent to a landlord. This property consists of 2 lots with a total size of approx 90 by 130 ft. Can be used as a current rental property, or Unique shops, boutiques, Home Enterprises, Professional Offices, Tourist attractions, etc. Discretionary uses include bed and breakfast, eating establishments, personal service shops, rental stores, repair and service shops, etc. This is a really cool house with a large wrap-around veranda on 2 sides, an open concept kitchen and living room, and primary bedroom on the main level, 2 more bedrooms up and living space, or convert back to a 4 bedroom home. Fully finished basement. Large, oversized, double detached garage, closed-in carport, and separate apartment (illegal) suite behind the garage. Bring your business and ideas. The second lot will solve most parking issues. The property is already generating a cash flow of $1,725/month. Plus the owner would be willing to rent back the space they are using which would bring the income well over $3000 per month. Call for more details. (5557267)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2
Square Footage
1553 sqft
Community Name
Downtown
Subdivision Name
Downtown
Title
Freehold
Land Size
1348 m2|10,890 - 21,799 sqft (1/4 - 1/2 ac)
Built in
1946
Annual Property Taxes
$3,092
Parking Type
Carport, Detached Garage (2)
Time on REALTOR.ca
1063 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
3
Partial
0
Interior Features
Appliances Included
Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Flooring
Carpeted, Ceramic Tile, Hardwood
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Style
Detached
Construction Material
Wood frame
Structures
Porch
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Water
Municipal water
Exterior Features
Exterior Finish
Stucco
Parking
Parking Type
Carport, Detached Garage (2)
Total Parking Spaces
6

Measurements

Square Footage
1553 sqft
Total Finished Area
1553 sqft

Rooms

MetricImperial
Main level
Living room
Dining room
Kitchen
Primary Bedroom
4pc Bathroom
Office
Basement
Other
3pc Bathroom
Upper Level
Kitchen
Bedroom
Bedroom
4pc Bathroom

Land

Lot Features
Fencing
Fence
Frontage
28.21 m
View
View
Other Property Information
Zoning Description
CHD
Data provided by: Independent

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