Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
  • Advertising

304 1 Street WEST, Cochrane, AB, T4C 1X8

MLS® # A2065049
Commercial For Sale In Downtown Cochrane, Cochrane, Alberta
$2,950,000
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
304 1 Street West, Cochrane, AB
  • Advertising
ACTIVE
304 1 Street WEST, Cochrane, AB, T4C 1X8
$2,950,000

Property Information:

One of Alberta’s oldest operating hotels, established in 1904 on Cochrane’s Main Street, this amazing Old West building has served this town and travellers making their way up and down The Cowboy Trail for almost 120yrs! This grand lady is famous throughout Southern Alberta for her historic commitment to traditional western hospitality, comfortable accommodations, great food, drink and service.The building is in excellent shape and maintained with an attention to detail by its passionate owners. The inside breaks down into different revenue streams with 15 guest rooms, a Restaurant/Steakhouse with 56 seats inside and another 52 on the sunlit patio, and the 186 seat Texas Gate Bar & Grill.The restaurant is an excellent example of the preservation of an Old West restaurant you would see in the movies, with iconic pressed tin ceilings, wood accents and country warmth you can’t recreate today. Featuring home cooked meals, friendly service and historic photos of Southern Alberta landmarks, all this combines to provide guests with a one of a kind experience.The fully renovated 15 Guest Rooms are comfortable and quaint, combining the Western feel with modern comforts. They have a very strong demand from Calgarians seeking a weekend away from the city, as well as travellers passing through on their way to Banff, Canmore and beyond or headed north or south while exploring the famous “Cowboy Trail”.The diamond of this business is The Texas Gate Bar & Grill, a 186 seat authentic Western saloon style bar, which has been beautifully renovated, while being sure to maintain and honour its history and character. The beautiful Cherry wood bar is a focal point of the room, which also features pool tables, VLT’s, dart boards and lots of TV’s for sporting events, Rodeo etc. There is a stage and an extensive sound system capable of hosting large live music events or just a Saturday jam session if you wanted. They currently host Line Dance Lessons, Karaoke and live DJ’s on Friday and Saturday nights. There is so much to this awesome business that you really need to see it to understand just how special it is, so don’t hesitate to reach out for a tour.

Inclusions: To be mutually agreed to at the time of sale, and attached to the Offer to Purchase as a Schedule “B”

Property Features:

  • Built in: 1904
  • Floor Space (approx): 11906.49 Square Feet
  • Lot Size: 14563.00 Square Feet
  • Property Access: Accessible to Major Traffic Route, Back Alley Access, Paved Road, See Remarks
  • Zoning: Commercial (C-HD)

Courtesy of: CIR REALTY

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 304 1 Street WEST, Cochrane, AB, T4C 1X8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Significant

29 hot days expected in 2050

Projected Storm Risk: Significant

11 storms expected in 2050

Projected Heat Risk: Significant

29 hot days expected in 2050

36/100

Significant

ClimateCheck®

Current data

This property, 304 1 Street WEST, experiences 7 hot days per year at around 28.2 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 32.1 degrees Celsius.

Projected Avg. Temperature

Past
28.2℃
2050
32.1℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: Significant

11 storms expected in 2050

27/100

Significant

ClimateCheck®

Current data

This property, 304 1 Street WEST, experiences 10 significant 2-day storms per year, with about 206.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 223.2mm of precipitation per year.

Precipitation Per Storm

Past
206.2mm
2050
223.2mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 304 1 Street WEST, Cochrane, AB, T4C 1X8

Life Stage

Growing Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$85,269.28

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.01 %

High school certificate or equivalent

38.29 %

Apprenticeship trade certificate/diploma

5.27 %

College/non-university certificate

22.78 %

University Degree

11.68 %

Commuter

Travel To Work

By Car

72.36 %

By Public Transit

0.0 %

By Walking

19.93 %

By Bicycle

2.12 %

By Other Methods

5.59 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.02 %

Houses

27.98 %

Own Vs. Rent