1 / 31

Investment signal

$299,900

110-112 THIRD STREET W

Save this home

Beds

—

Baths

—

Sqft

1,335

Year

—

Type

Retail

Suite

Investment signal

Text Hasan Open map Ask a question

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cochrane. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Prime Downtown Commercial & Investment Opportunity! Perfect for business owners and investors alike! This versatile downtown property offers exceptional potential-use it as a commercial space for your new venture, or convert it into residential apartments to boost your income portfolio. The main floor features 1,335 sq. ft. of usable space, including three bright, spacious offices with high ceilings and large windows, a welcoming reception area, a small walk-in safe, and a convenient computer/copy station. In the basement, you'll find two additional offices, a half-bath, and ample storage. Front-door parking adds everyday convenience for clients or tenants. Upstairs, the second floor features two rental apartments for added income. One unit includes a bedroom, bonus room, and in-suite laundry hookups; the other is a cozy one-bedroom layout-perfect for long-term tenants. Move-in ready and recently retrofitted, this property delivers flexibility, functionality, and investment potential-all in a prime downtown location. Don't miss this unique opportunity to grow your business or expand your real estate portfolio! (id:65958)

Subtype: Retail
Community: Cochrane
Living area: 1,335 square feet
Lot dimensions: Bldg=36 x 46 FT
On market: Mar 12, 2026
Status changed: Apr 24, 2026
Annual tax: $3,445.68
Zoning: C1
Photos: 31
MLS#: T12873800
Area: COCHRANE

Features and systems

Heating

Baseboard heaters

Cooling

Fully air conditioned

Positive cash flow ~$472/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

9.44%

Cap rate

6.75%

GRM

10.4

Break-even rent

$1,903

Financing

Down payment$59,980

Loan amount$239,920

Mortgage$1,216/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$137

Insurance$80

Maintenance$250

CapEx reserve$125

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,216/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.