This 50 x 130 ft lot | zoned R-LD
328 Third Street W
Cochrane, Alberta
- $379,000
- $379,000
Offering outstanding flexibility in a high-visibility, central location, this vacant parcel presents a rare opportunity for redevelopment, investment, or custom construction near the heart of Cochrane. When combined with the adjoining lot, the potential for future use expands significantly.
- A2280545
- MLS Number
- 0.15
- Lot sqft
- Royal LePage Benchmark
- Area Size
This centrally located 50 x 130 ft lot delivers exceptional redevelopment potential with rear lane privacy and direct exposure to Hwy 1A.
With the option to assemble with the neighbouring parcel and zoning considerations for future commercial use, this property is positioned for long-term value in a growing downtown core.
This 50 x 130 ft lot is offered as part of a potential land assembly with the adjoining property at 332 Third Street West, creating a larger footprint for future development. The current parcel includes a detached garage and benefits from rear lane privacy, with no neighbours behind.
Zoned R-LD (Residential Low Density), the property is located directly beside lots designated C-HD (Commercial Historic Downtown). Buyers are encouraged to consult with the Town of Cochrane regarding rezoning opportunities, which could allow for a variety of commercial or mixed-use options, including professional offices, retail, multi-unit residential, childcare, fitness studios, hospitality, and more.
With excellent exposure to Highway 1A and just one block from downtown Cochrane, this location offers visibility, accessibility, and strong future potential.
Whether your vision includes a custom home, investment hold, or redevelopment project, this property represents a rare opportunity to secure land in one of Cochrane’s most dynamic and walkable areas.
DETAILS
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Property Type Residential Land, Land
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MLS Number A2280545
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Property Status Active
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Brokerage name Royal LePage Benchmark

Ken Morris
Royal Lepage Benchmark
Downtown Cochrane
With excellent access to community walking trails and children’s play areas, the Bow Meadows neighbourhood offers a delightful rural location, in a genuinely sought-after area..
Community Guide
Downtown Cochrane is the vibrant heart of Cochrane, Alberta, blending small-town charm with a lively mix of modern amenities, historic character, and local culture.
Known for its western heritage and rustic, welcoming atmosphere, downtown Cochrane is a popular destination for both locals and visitors, offering a unique blend of shopping, dining, and community events set against the stunning backdrop of the Rocky Mountains.
Downtown Cochrane has retained much of its historic Western charm, with buildings reflecting a classic prairie town feel. Many businesses are housed in charming, rustic-style buildings, some of which date back decades. This unique ambiance makes everyday life feel like part of a community tradition. With local events like the Cochrane Farmers’ Market, street fairs, and seasonal festivals, residents can enjoy a lifestyle rich with tradition and community spirit.
Show Is Better Than Tell
Video & Photos
On The Map
Location
Essential Services
Healthcare & Schools
Cochrane has several health care providers, including the Cochrane Community Health Centre, offering medical, dental, and physiotherapy services. For specialized care, Calgary’s health facilities are a short drive away, including Rockyview General Hospital, one of Calgary’s major healthcare facilities. The hospital offers comprehensive medical services, including emergency care, specialized treatments, and outpatient services, ensuring residents have access to high-quality healthcare.
Cochrane is served by both the Rocky View School Division and the Calgary Catholic School District, with several high-quality schools for elementary, middle, and high school students. Additionally, there are private and specialized learning options in town.
Cochrane Schools
Holy Spirit Catholic School – Fireside: Website
Fireside School – Fireside: Website
Bow Valley High School – Riversong: Website
Cochrane Christian Academy – East End: Website
Cochrane High School – Cochrane Heights: Website
Elizabeth Barrett Elementary School – Cochrane Heights: Website
Manachaban Middle School – Cochrane Heights: Website
École Notre-Dame Des Vallees – West Terrace: Website
Mitford School – West Terrace: Website
Glenbow Elementary School – Glenbow: Website
St. Timothy High School – Sunset Ridge: Website
RancheView School – Sunset Ridge: Website
Amenities
Despite its central location, downtown Cochrane is surrounded by natural beauty.
The Bow River and various parks are close by, providing plenty of opportunities to relax and connect with nature. Residents often take advantage of nearby Riverside Park and enjoy the Bow River Pathway for leisurely walks, jogging, or biking along the water. There’s also several amenities within walking distance, including the Tim Bannister Memorial Rink, Lions Centennial Park, and the tennis and pickleball courts at Quigley Park.
Shopping & Dining
Downtown Cochrane’s Main Street is lined with historic buildings that showcase the town’s western roots.
Along Main Street, you’ll find boutique shops, artisan stores, cozy cafes, and local businesses that reflect Cochrane’s unique character. There’s also a wide range of big box retailers and grocery stores, including No Frills, Safeway, Save-On-Foods, Winners, and Canadian Tire.
Book A VIEWING
SCHEDULE AN APPOINTMENT
Experience the peace and possibilities this woodland retreat has to offer—schedule your private showing today and step inside your own acreage sanctuary. Don’t miss the chance to see this unique property in person.