332 Third Street W, Cochrane, AB T4C 1Z6 (MLS # A2347518)

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PRICE $499,000 dsIDX morgage calculator
BEDS 3
BATHS 2
HOME SIZE 792 sqft
LOT SIZE 6,534 sqft

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.

DAYS ON MARKET Login to view Days on Market LAST UPDATED 9/24/2026
TRACT Downtown YEAR BUILT 1956
COUNTY Rocky View County STATUS Active
PROPERTY TYPE(S) Single Family


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Washer
BASEMENT Finished, Full, Yes
CONSTRUCTION Frame
EXTERIOR Other
GARAGE Attached Garage
HEAT Forced Air
INTERIOR Built-in Features, Laminate Counters, Storage
LOT 6534 sq ft
LOT DESCRIPTION Few Trees, Gentle Sloping
LOT DIMENSIONS 50 x 130 feet
STORIES 1
STYLE Bungalow
SUBDIVISION Downtown
TAXES 2385
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CONTACT US ABOUT 332 THIRD STREET W
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Listed with Royal LePage Benchmark

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Data is deemed reliable but is not guaranteed accurate by Pillar 9™.

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Data last updated 9/24/26 7:30 PM PDT

This IDX solution is (c) Diverse Solutions 2026.