1 / 18Downtown · Cochrane
332 Third Street W, Cochrane
$499,000
Downtown, Cochrane, Alberta T4C1Z6 · MLS® A2347518
- 3
- Bedrooms
- 2
- Bathrooms
- 792
- Sq ft above grade
- $630
- Per sq ft
+754 below
About This Property
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.
Property Details
Interior
- Bedrooms
- 3
- Bathrooms
- 2 full
- Rooms above grade
- 4
- Above grade
- 792 sq ft
- Main level
- 792 sq ft
- Finished below grade
- 754 sq ft
- Total finished
- 1,545 sq ft
- Basement
- Full · Finished
- Laundry
- In Basement
Interior features
- Built-in Features
- Laminate Counters
- Storage
Flooring
- Carpet
- Linoleum
Building
- Property type
- Detached
- Structure
- House
- Style
- Bungalow
- Levels
- One
- Year built
- 1956
- Front exposure
- S
- Unit exposure
- S
Construction
- Wood Frame
Roof
- Asphalt Shingle
Foundation
- Block
Heating, cooling & services
- Heating
- Forced Air
- Cooling
- None
Parking
- Garage
- None
- Parking
- Attached Carport
- Total parking
- 2 spaces
Lot & outdoors
- Lot size
- 6,500 sq ft
- Acreage
- 0.15 acres
- Frontage
- 50 ft
- Fencing
- Partial
Lot features
- Few Trees
- Gentle Sloping
- Lawn
Outdoor living
- Front Porch
In the community
- Schools Nearby
- Shopping Nearby
- Sidewalks
- Street Lights
Costs & ownership
- Annual property tax
- $2,385 (2025)
- Title
- Fee Simple
- Ownership
- Private
- Zoning
- R-LD
- Restrictions
- None Known
Listing & availability
- MLS® number
- A2347518
- Listed
- Sep 23, 2026
- Days on market
- 46
- Possession
- 15 Days / Neg
- Listing office
- Royal LePage Benchmark
Included in the sale
Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Range Hood, Refrigerator, Washer
Other inclusions: Downstairs Refrigerator, Freezer
Inclusions are as advertised by the listing brokerage and are confirmed in the purchase contract, not here.
Selling
Thinking of listing your home?
Need to sell to buy this one, or just want a real number? Stephen prepares a free evaluation that accounts for lot, finishes, and current activity in your community.
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