By the numbers
How this listing measures up
$/sqft
$452
vs Downtown median
+428%
community avg $379K
Sqft per bedroom
—
Year built
1970
Annual taxes
$14,303
2025
Downtown avg DOM
36d
$/sqft distribution
Where this listing sits in Downtown
Of 33 active residential listings in Downtown,
this property at $452/sqft
sits in the $450–500 range.
Other active listings
This listing's price range
This listing
About this property
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
| Inclusions | N/A |
| Lot size | 6759.00 sqft |
| Year built | 1970 |
| Annual taxes | $14,303 |
| Tax year | 2025 |
| Possession | Negotiable |
| Zoning | C-HD |
| Restrictions | Historic Site |
| Neighbourhood | Downtown |
| List AOR | Calgary |
Location
Sold comparables in Downtown
56 recent sales in Downtown
VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.
Sign up to see sold dataAbout Downtown
AI-generated summaryCalgary's bustling urban core, Downtown offers a fast-paced, walkable lifestyle with a skyline-filled backdrop and a strong sense of city energy. It's a hub for business, culture, and entertainment.
33 active listings with an average list price of $387,558
Properties are averaging 33 days on market
One of Calgary's most walkable communities with a high Walk Score
Housing
The market is dominated by high-rise condominiums and apartments, offering a range of units from compact studios to upscale executive suites.
Transit
Exceptionally well-served by Calgary Transit's CTrain (both Red and Blue lines) and the free Fare Zone, making car-free living highly practical.
Amenities
Steps from the CORE Shopping Centre, Stephen Avenue, Prince's Island Park, the Bow River pathways, major restaurants, theatres, and professional services.
Who lives here
Primarily young professionals, downtown workers, and urban-lifestyle enthusiasts who prioritise convenience and proximity to employment over suburban space.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.
Browse Calgary homes by feature
Similar listings in Downtown

$265,000
2403-403 Mackenzie Way SW
Listed by CIR Realty — Esha Malhotra

$209,900
2117-403 Mackenzie Way SW
Listed by Real Broker — Trenton Pittner

$249,900
7207-304 Mackenzie Way SW
Listed by REMAX Innovations — Parry Lagler, Ellery Liverpool

$198,000
7103-304 Mackenzie Way SW
Listed by RE/MAX Real Estate (Mountain View) — Megan Julian, Linda James



