304 1 Street, Cochrane

Motel/Hotel Property for Sale

304 1 Street, Cochrane, MLS® # A2065049
  • MLS®#: A2065049
  • Price: $2,950,000
  • Status: Active
  • Year Built: 1904
  •  
Login or Create an Account to Access Days On Market Financial Information Legal Description Lot Zoning

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.

Contact Tessa Corley-Rae & Maria Corley About MLS® A2065049

Required Field

Tessa Corley-Rae & Maria Corley , 403.478.1232 at Real Estate Professionals Inc., 202, 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1

property information

  • Property Type: Motel/Hotel Property
  • MLS®#: A2065049
  • Year Built: 1904
  •  

Community Information

  • Address: 304 1 Street
  • Neighbourhood: Downtown
  • City: Cochrane
  • Postal Code: T4C 1X8
  •  

interior

  • Included: To be mutually agreed to at the time of sale, and attached to the Offer to Purchase as a Schedule “B”
  • Fireplace Details: For Sale
  •  
  •  

$2,950,000

Registration Benefits

By Creating an Account You'll Access:

  • More Cochrane Listings Browse through every listing in the MLS® System and do as many different searches as you like!
  • Days on Market & Financial Info See protected details including Days on Market, Taxes, Condo Fees, Possession Dates, and more!
  • Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
  • Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!
Sign Up Today! No Obligation & Quick Authorization
 
Listing Courtesy of
CIR REALTY
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.