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:58665)
115 Fifth Avenue WCochrane, Alberta, T4C1B1
Listing Details
Property Details
- Full Address:
- 115 Fifth Avenue West, Cochrane, Alberta
- Price:
- $ 2,500,000
- MLS Number:
- A2299220
- List Date:
- April 10th, 2026
- Neighbourhood:
- Downtown
- Building Size:
- 3562 sq.ft.
- Lot Size:
- 603.87 square meters
- Year Built:
- 2012
- Taxes:
- $ 10,004
- Listing Tax Year:
- 2025
Interior Features
Building Features
- Building Size:
- 3562 sq.ft.
- Exterior:
- Concrete
- Garage Spaces:
- 12
- Ownership Type:
- Freehold
- Legal Description:
- 11
- Legal Description (Lot):
- 9
- Taxes:
- $ 10,004
Floors
- Finished Area:
- 3562 sq.ft.
- Main Floor:
- 3562 sq.ft.
Land
- Lot Size:
- 603.87 square meters
Neighbourhood Features
Ratings
Commercial Info
- Business Type:
- Restaurant
About The Area
Area Description

Downtown Fort McMurray, also known as Lower Town Site, is the heart of this never stopping town. Highway 63 runs along the west side, with access to the north end of Fort McMurray and the Oil Sand sites. Living in the center of Fort McMurray puts you in the hustle and bustle of this thriving downtown community. Plus, you'll enjoy all of the major amenities within minutes of your home.
The living choices in the downtown are widely spread. First, you'll find condos with underground parking. Then you might look for townhomes with attached garages or assigned parking. Finally, you can also view single family homes with driveways or garages. There are options to live on the main street, or just off to the side where you can still have your quite small neighbourhood feel with the luxury of zero commuting to the downtown area. With multitude of options in the downtown area we will be able to give you many choices for your new home.
The downtown area offers all kinds of dining options, varying from fast food to 5-star dining experiences. There are many shopping malls; including Peter Pond Mall, River City Centre and Plaza 1. Residents enjoy many well-known stores and small local boutiques as well. You will only be seconds away from a world class recreational facility, MacDonald Island Park, which offers every type of sport and wellness class to sooth the soul. There are also many parks and walking trails, along the east side of the downtown, which is situated along the Clearwater River, giving the neighbourhood a very picturesque look and feel.
Three schools, including Keyano College, serve the downtown area. The downtown community also enjoys large playgrounds, tennis courts, soccer fields, and baseball diamonds.
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