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138 Third Street

138 Third Street

Cochrane, ON

  • 3,545 sqft
  • Commercial Retail
  • 143 days on market
$340,000Price reduced 3%

Prime mixed-use investment opportunity in a high-visibility central location. This well-maintained building features three commercial units and one residential apartment, offering strong income potential and flexibility for investors or owner-occupiers. Approximately 2,200 sq. ft. of commercial space with convenient on-street parking. Unit #138 offers approximately 840 sq. ft. of office space. Unit #136A features approximately 200 sq. ft. of storefront space. Unit #136B is a lower-level unit with approximately 1,160 sq. ft. of office space. Unit #138B is a main floor residential apartment of approximately 810 sq. ft., including 2 bedrooms and comfortable living space. Ideal for generating rental income with a mix of commercial and residential tenants in a prime location.

Listing Details

Taxes (2025)
$4,276
Originally Listed
$350,000
Listed
April 13, 2026

Price History

Property

Age
51-99
Lot Size
47.15 x 99 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary

Location & Legal

Cross Street
3rd St W and 5th ave
Zoning
C
Parcel Number
652440967
Possession
Flexible
Occupancy
Owner+Tenant

Included

Exclusions
ALL TENANT BELONGINGS
Rental Items
NONE

Community

Postal area P0L

Population
22,859
Private dwellings
10,591
Median age
42
Average household size
2.5
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Cochrane · last 12 months

Median sold price
$269,900
Homes sold
81
Median days on market
23
Sale-to-list price
94.2%

Based on 81 recorded sales of commercial properties in Cochrane over the last 12 months.

Listed by

ROYAL LEPAGE NORTHERN REALTY LEADERS

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
3,545 sq ft
Price per sq ft
$95.91
Annual property tax
$4,276
Tax per sq ft
$1.21

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Ideal for generating rental income with a mix of commercial and residential tenants in a prime location.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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