20 Mcrae Street Okotoks, Alberta T1S 1Y6
$675,000
Unbeatable Location & Versatile Zoning in Downtown Okotoks! Situated in a high-visibility location in the heart of Okotoks' downtown business district, this commercial property offers exceptional potential. Zoned Downtown District (DD), the site supports a dynamic mix of commercial, retail, office, and residential uses—making it perfect for an owner-user or an ambitious developer looking to redevelop a larger structure option, further enhancing the property's potential. Prime exposure, easy access, excellent surrounding parking, and a thriving local economy. Main floor commercial tenant is on a month-to-month lease, while the second floor is vacant and ready for immediate leasing to maximize rental yield. Rear residential tenant is on a month-to-month basis with a 60-day notice period. Brand new roof shingle replacement in 2025. (id:58331)
Property Details
| MLS® Number | A2331997 |
| Property Type | Business |
| Community Name | Business Park |
| Plan | 165s |
Building
| Constructed Date | 1946 |
| Construction Material | Wood Frame |
| Cooling Type | None |
| Fire Protection | Smoke Detectors |
| Foundation Type | See Remarks |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 1670 Sqft |
| Size Interior | 1,670 Ft2 |
| Total Finished Area | 1670 Sqft |
| Type | Commercial Mix |
Land
| Acreage | No |
| Size Depth | 29.11 M |
| Size Frontage | 10.07 M |
| Size Irregular | 3121.00 |
| Size Total | 3121 Sqft|0-4,050 Sqft |
| Size Total Text | 3121 Sqft|0-4,050 Sqft |
| Zoning Description | D |
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October 01 2026 06:00:07
Calgary Real Estate Board
Trec The Real Estate Company
