The Opportunity

Overview

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:61970)

Investment highlights

01Business

Property details

Property type: Business
Transaction: Business opportunity
Building area: 3,562 square feet
Site area: 603.87 square meters
Listing brokerage: RE/MAX Realty Professionals
Listing representative: Richard Chau
Board / association: Calgary

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Financial information

Asking price$2,500,000

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Location intelligence

115 Fifth Avenue W
Cochrane, Alberta T4C1B1

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Documents

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From interest to a decision

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01Clarify what is offered

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Property diligence resources

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Acquisition criteria workpaperDefine required, preferred and flexible mandate criteria →Property tour and comparison scorecardCompare this opportunity against the real requirement →Phase I environmental site assessmentHistory, records, observations and professional findings →Environmental records and contaminated sitesERV, AER records, certificates and search limitations →Commercial property due diligenceCoordinate every acquisition workstream →Commercial real estate appraisalPurpose, scope, evidence, reliance and report review →Assessment and property taxesAssessment dates, methods, tax allocation and review →Due diligence document requestTitle, permits, environment, leases and operations →Permit and occupancy recordsApplications, inspections, completion and use →Insurance due diligenceProperty facts, loss history, limits and closing →Replacement cost and loss historyReconstruction assumptions, claims and repairs →Building condition assessmentSystems, records and physical findings →Capital expenditure planTiming, cost basis and scenarios →Inspection accessAuthority, testing and deadlines →Alberta title searchParcels, ownership and registrations →Registered interestsCaveats, easements and rights →Survey plans and boundariesPlans, access and occupation →

Source Record

Current listing facts, with attribution intact.

Source: REALTOR.ca DDF®
Listing status: active
Source ID: 29588095
Last supplied (UTC): June 30, 2026
Listing brokerage: RE/MAX Realty Professionals
Listing representative: Richard Chau
Board / association: Calgary

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Listing brokerage: RE/MAX Realty Professionals · Listing representative: Richard Chau · Board/association: Calgary · Updated (UTC): Jun 30, 2026

Listing content is supplied through REALTOR.ca DDF®. Information is deemed reliable but is not guaranteed and should be independently verified. Commercially is not the listing brokerage unless expressly stated.

Business opportunity