332 Third Street W, Cochrane, AB, T4C1Z6
$499,000
3
Beds
2
Baths
792
Square feet
0.15
Acres
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.
Features of 332 Third Street W, Cochrane
| MLS® # | A2347518 |
|---|---|
| Price | $499,000 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 792 |
| Acres | 0.15 |
| Year Built | 1956 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Bungalow |
| Status | Active |
| Address | 332 Third Street W |
|---|---|
| Subdivision | Downtown |
| City | Cochrane |
| County | Rocky View County |
| Province | Alberta |
| Postal Code | T4C1Z6 |
Amenities at 332 Third Street W, Cochrane, AB
| Parking Spaces | 2 |
|---|---|
| Parking | Attached Carport |
| Is Waterfront | No |
| Has Pool | No |
| Suite | No |
| Interior Features | Built-in Features, Laminate Counters, Storage |
|---|---|
| Appliances | Dishwasher, Dryer, Gas Stove, Microwave, Range Hood, Refrigerator, Washer |
| Heating | Forced Air |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full |
| Exterior Features | Other |
|---|---|
| Lot Description | Few Trees, Gentle Sloping, Lawn |
| Roof | Asphalt Shingle |
| Construction | Wood Frame |
| Foundation | Block |
| Date Listed | September 23rd, 2026 |
|---|---|
| Days on Market | 2 |
| Zoning | R-LD |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
332 Third Street W, Cochrane Listing Details
| Office | Royal LePage Benchmark |
|---|---|
| Website | To see this home contact Chamberlain Real Estate Group to Schedule your tour. |
More About 332 Third Street W, Cochrane, AB
332 Third Street W Cochrane is located in the neighbourhood of Downtown. The community of Downtown has 127 available properties. Downtown makes up 35.18% of the 361 total properties listed in Cochrane. Homes in Downtown are listed for an average price of $364,059. That is 41.77% lower than the average asking price of $625,167 found across all Cochrane properties for sale. If you would like to see other homes like 332 Third Street W Cochrane please reach out to us 403-879-4145. Properties like 332 Third Street W can come and go quickly and it's a big reason why having a personalized strategy and search set up for you is key. Let us know how we can help so we don't miss out on 332 Third Street W Cochrane or another home like it in the future. Get directions to 332 Third Street W Cochrane.