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I Am Happy to Announce Another Sale at 304 1 STREET W in Cochrane
Posted on
July 16, 2024
by
Rob Campbell
I am proud to announce another Sale at 304 1 STREET W in Cochrane. The Rockyview Hotel is For Sale in Beautiful Cochrane Alberta!
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.
Suggested Blog Articles Here is a new listing that I am happy to post in Calgary. Here is a great opportunity to take over a professionally built hospitality space in one of Calgary’s most established inner city neighbourhoods.
The space was designed as a quick service food and beverage operation and would work well for a café, sandwich shop, pizza concept or almost any other fast casual restaurant. There is also a separate licensed room that could be used for evening service, private dining, tasting events, small functions or another complementary concept. Two outdoor patios provide additional seasonal seating and help create even more ways to use the space.
More than $550,000 was originally invested in the buildout, and the assets are now being offered for $265,000. For a buyer looking to open a hospitality business, this is an opportunity to acquire a high quality, ready to operate space for a fraction of what it would cost to build something similar today.
The sale includes the leasehold improvements, furniture, fixtures and equipment. Additional equipment may also be available, giving a purchaser the flexibility to adapt the space to suit their own menu and concept.
The kitchen has been designed for efficient service, with existing takeout and delivery infrastructure already in place. The professionally finished interior gives a new operator the ability to open much sooner, while still allowing them to introduce their own branding, décor and personality.
Property Highlights
• Prime location in one of Calgary’s best known hospitality districts
• Professionally designed quick service restaurant
• Efficient commercial kitchen
• Separate licensed room for evening service, private events or additional dining
• Two outdoor patios
• Licensed food and beverage operation
• Takeout and delivery systems already in place
• High quality leasehold improvements
• Furniture, fixtures and equipment included
• Additional equipment may be available
• Attractive lease, subject to landlord approval
Building a comparable restaurant today would require a much larger investment, along with the time and uncertainty involved with design, construction, permits and tenant improvements. This opportunity allows a buyer to spend less time building and more time opening, marketing and growing their concept.
The current ownership has decided to realign its hospitality operations and make the space and assets available to a new operator. The existing brands are not included in the sale, allowing the purchaser to bring their own vision to the location.
The business identity, operating information, lease details and additional information will be provided to qualified purchasers.
Here is a new listing that I am happy to post in Calgary, Calgary. Great opportunity to acquire a quick service restaurant franchise in one of Calgary’s most desirable commercial districts. This high traffic location provides excellent visibility with strong pedestrian and vehicle flow, plus convenient access to public transit.
The restaurant is fully equipped and professionally built out, with ample surface parking to accommodate dine in, takeout, and third party delivery services such as Skip and Uber Eats.
Currently operating under a recognized national brand with a loyal customer base, this location also offers the flexibility to be adapted to your own concept (subject to landlord approval).
A true turnkey operation with significant growth potential ideal for an owner/operator or investor seeking a strong foothold in Calgary’s food and beverage market.
Call today for full details and location information. 
Here is a new listing that I am happy to post in 27 Bluegrass PLACE in Rural Rocky View County. Position your business for efficiency and accessibility with this 3.09 acre, fully fenced storage yard in the highly desirable southeast industrial corridor of Rocky View County. Strategically located just minutes from Glenmore Trail and Stoney Trail, this site offers exceptional connectivity to Calgary, Chestermere, and all major transportation routes.
The yard is secure, level, and ideal for contractors, transportation companies, equipment rental operators, construction firms, landscaping businesses, or any operation requiring substantial outdoor storage. With ample room for heavy equipment, fleet vehicles, trailers, sea cans, materials, and laydown space, this property provides the flexibility growing businesses need.
Key Features:
3.09 Acres of usable yard space
Fully fenced and secure perimeter
Easy access for large trucks and equipment
Close proximity to major transportation corridors
Located in a strong industrial growth node
This is a rare opportunity to secure a sizeable yard parcel in one of the region’s most accessible industrial pockets.
Contact today for lease details and viewing arrangements. |
