This charming home sits on a generous 50 x 130 ft lot with exciting redevelopment potential near downtown Cochrane. A fully finished home today, combined with zoning considerations, makes this a compelling opportunity in a high-demand location. This unique property is one of the last remaining of its kind in downtown Cochrane. This character-filled home features a bright living room and two comfortable bedrooms on the main floor, while the fully developed lower level adds a third bedroom, a recreation room, and a bar area. Step outside to the backyard that provides a quiet, private setting with no neighbours behind, and a front yard with ample street parking and a private driveway leading to a carport. This property offers the unique potential to renovate, build your dream home, or to re-zone from Residential Low Density (R-LD) to Commercial Historic Downtown (C-HD), opening doors to a multitude of commercial ventures just steps from Cochrane's vibrant core. This lot is located next to C-HD properties, which allows for: Business/Professional/Health Care Offices, Financial/Retail/Child Care/Education Services, Day Home, Eating Establishment, Artist/Fitness Studios, Multi-Unit Dwelling, plus more! THE ADJACENT LOT TO THE EAST IS ALSO AVAILABLE FOR PURCHASE, WHICH WOULD OFFER 13,000 SQ FT OF COMBINED LAND AND 100 FT TOTAL FRONTAGE. DETAILS CAN BE VIEWED ON MLS LISTING #A2347519. Whether you’re looking to live in, invest, or explore redevelopment possibilities, this property offers flexibility, location, and long-term upside in one of Cochrane’s most desirable areas.
Address
332 Third Street W
List Price
$499,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Cochrane
Sub-Area
Downtown
Bedrooms
3
Bathrooms
2
Floor Area
792 Sq. Ft.
Lot Size
6500 Sq. Ft.
Year Built
1956
MLS® Number
A2347518
Listing Brokerage
Royal LePage Benchmark
Basement Area
Full
Postal Code
T4C1Z6
Zoning
R-LD
Site Influences
Few Trees, Gentle Sloping, Lawn, Schools Nearby, Shopping Nearby, Other, Sidewalks, Street Lights
