115 Fifth Avenue W, Cochrane
Rare opportunity to own a well-established live-work-invest property in Cochrane, with land, building, and business all included. Thai Ozon Restaurant features a fully operating 42-seat dining area plus patio seating, offering authentic Thai cuisine and vegetarian selections that appeal to a wide range of customers and dietary preferences. The upper level showcases a spacious and beautifully finished residence with laminate flooring throughout, 4 bedrooms, and 3 bathrooms. The gourmet kitchen is designed for both style and function, featuring stainless steel appliances, a corner pantry, and a large kitchen island. The spacious primary bedroom includes a walk-in closet and private 4-piece ensuite, while the bright living room opens onto a balcony. The basement, with its own separate entrance, offers a 2-bedroom illegal suite with a full 4-piece bathroom, kitchen, storage area, and utility room. Notable upgrades include in-floor heating in the basement, a durable metal roof, and spray foam insulation throughout the entire building. This exceptional property offers the rare chance to live, work, and invest all in one location, with added potential for additional income. Own your business, own your building, and stop paying expensive retail rent. Call today to explore this exciting opportunity. (id:1945)
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Property details for 115 Fifth Avenue W, Cochrane
- Type
- Commercial
- Living Area
- 3,562 square feet
- Lot Size
- 603.87
- Exterior
- Concrete
- Ownership
- Freehold
- Annual Taxes
- $10,004 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 115 Fifth Avenue W
Active Listings
208
Min Price
$170,000
Max Price
$6,600,000
Avg Price
$651,020
Days on Market
64
days
Sold Listings
78
Min Sold Price
$229,900
Max Sold Price
$1,158,500
Avg Sold Price
$572,573
Days until Sold
66
days
Neighbourhood Census Data
Cochrane, Alberta
Population
458
Median Age
39.2
Median Income
$34,304
Dwelling Value
$276,080
Housing Tenure
Owners 30%
Renters 68%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 1,302.2/km²
Avg Shelter Cost: $1,173/mo
Owners with Mortgage: 58.3%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 29.6%
English only: 91.3%
English and French: 7.6%
Median Household Income: $56,064
Median Employment Income: $31,168
Price History
Listed
April 10, 2026
by RE/MAX Realty Professionals
Current Price
$2,500,000
Type
Commercial
For Sale
