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424 Third Street W Cochrane, Alberta T4C 1Z6

3 Bedroom 3 Bathroom 1553 sqft
None Forced Air

$829,000

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. (id:26237)

Property Details

MLS® Number A1208888
Property Type Single Family
Community Name Downtown
Parking Space Total 6
Plan 2033r
Structure Porch, Porch, Porch
View Type View

Building

Bathroom Total 3
Bedrooms Above Ground 3
Bedrooms Total 3
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1946
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco
Flooring Type Carpeted, Ceramic Tile, Hardwood
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1553 Sqft
Total Finished Area 1553 Sqft
Type House
Utility Water Municipal Water

Parking

Carport
Detached Garage 2

Land

Acreage No
Fence Type Fence
Size Frontage 28.21 M
Size Irregular 1348.00
Size Total 1348 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Size Total Text 1348 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Zoning Description Chd

Rooms

Level Type Dimensions
Basement Other 5.33 M x 5.41 M
Basement 3pc Bathroom Measurements not available
Main Level Kitchen 3.86 M x 3.63 M
Main Level Dining Room 2.31 M x 3.61 M
Main Level Living Room 5.92 M x 3.48 M
Main Level Office 1.75 M x 3.45 M
Main Level Primary Bedroom 4.27 M x 3.20 M
Main Level 4pc Bathroom Measurements not available
Upper Level Kitchen 3.56 M x 2.95 M
Upper Level Bedroom 3.56 M x 3.28 M
Upper Level Bedroom 2.21 M x 4.22 M
Upper Level 4pc Bathroom Measurements not available

https://www.realtor.ca/real-estate/24306902/424-third-street-w-cochrane-downtown

Interested?

Contact us for more information


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Ken L. Morris
Associate Broker

(403) 804-7314
www.kenmorristeam.ca

Royal LePage Benchmark
110, 7220 Fisher Street S.e.
Calgary, Alberta T2H 2H8

(403) 253-1901

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