20 Mcrae Street , Okotoks

$675,000

0 Beds
0 Baths
0 Sqft
.07 Acres
0 Garages

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.

Essential Information
MLS® #A2331997
Price$675,000
Acres0.07
Year Built1946
TypeCommercial
Sub-TypeMixed Use
StatusActive
Community Information
Address20 Mcrae Street
SubdivisionBusiness Park
CityOkotoks
CountyFoothills County
ProvinceAlberta
Postal CodeT1S 1Y6
Interior
HeatingForced Air, Natural Gas
CoolingNone
Exterior
RoofAsphalt Shingle
ConstructionWood Frame
FoundationSee Remarks
Additional Information
ZoningD
Listing Details
OfficeTREC The Real Estate Company
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