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332 Third Street W, Cochrane

CODWN, Cochrane

$499,000

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.

Essential information

MLS® number
A2347518
Status
Active
Price
$499,000
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
3
Bathrooms
2 full
Living area
792 sq ft
Lot size
6,500 sq ft
Year built
1956
Structure
House
Style
Bungalow
Levels
One
Listing brokerage
Royal LePage Benchmark
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air
Flooring
Carpet, Linoleum
Appliances
Dishwasher, Dryer, Gas Stove, Microwave, Range Hood, Refrigerator, Washer
Features
Built-in Features, Laminate Counters, Storage
Fireplaces
0
Laundry
In Basement
Basement
Full
Basement development
Finished
Included
Downstairs Refrigerator, Freezer

Exterior and construction

Features
Other
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
Block
Lot features
Few Trees, Gentle Sloping, Lawn
Frontage
15.24M 50`0"
Zoning
R-LD

Parking

Total parking
2
Features
Attached Carport

Community

Subdivision
CODWN
City
Cochrane
Province
AB
Postal code
T4C1Z6
Features
Other, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Where it is

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Approximate location, plotted from the listing’s own coordinates.

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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