45 Mcrae Street , Okotoks

$549,800

2 Beds
1 Baths
684 Sqft
.1 Acres
0 Garages

Welcome to 45 McRae Street in the heart of Downtown Okotoks, an exceptional opportunity to own a 4,335 sqft CORNER LOT with Downtown District (D) zoning, offering incredible flexibility for residential, commercial, or mixed-use possibilities. Positioned directly on the downtown strip and across from Old Towne Plaza with restaurants, shops, local businesses, and community gathering spaces just steps away, this is a highly visible location surrounded by the energy and activity that makes downtown Okotoks such a desirable destination. Frequent community events and steady pedestrian and vehicle traffic create excellent exposure for entrepreneurs, investors, or small business owners looking for a storefront or professional space, while the existing residence also provides the option to continue using the property as a home. The charming 684 sq. ft. bungalow features a bright and inviting living room with a large picture window overlooking McRae Street, a functional kitchen with updated cabinetry and plenty of workspace, two bedrooms, and a full bathroom highlighted by a freestanding tub and warm accents. The property has also seen UPGRADES TO THE FURNACE AND ELECTRICAL within the past 10+ years adding practical value to the existing building. Outside, the generous corner parcel offers multiple access points, including convenient access from the adjoining lane and rear alley, creating additional flexibility for parking, deliveries, future development, or business operations. A substantial 12'5" x 24'7" detached shed provides an impressive amount of additional storage or workspace. The Downtown District zoning is intended to support a vibrant, pedestrian-oriented town center with a blend of commercial, retail, office, community, and residential uses while encouraging thoughtful infill and redevelopment, making this property particularly appealing for anyone looking to capitalize on the continued growth and character of Downtown Okotoks. Whether you envision operating your own business in a prominent Main Street location, holding the property as an investment, maintaining its residential use, or exploring future redevelopment opportunities, 45 McRae Street offers a rare combination of location, visibility, lot size, access, and flexible downtown zoning in one of Okotoks' most recognizable areas.

Essential Information
MLS® #A2345198
Price$549,800
Bedrooms2
Bathrooms1.00
Full Baths1
Square Footage684
Acres0.10
Year Built1900
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address45 Mcrae Street
SubdivisionNONE
CityOkotoks
CountyFoothills County
ProvinceAlberta
Postal CodeT1S 1J3
Amenities
ParkingOff Street
Interior
HeatingForced Air
CoolingNone
Has BasementYes
BasementOther
Interior Features

No Animal Home, No Smoking Home

Appliances

Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer Stacked

Exterior
Exterior FeaturesNone
RoofAsphalt Shingle
ConstructionAluminum Siding , Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Corner Lot, Irregular Lot, Level

Additional Information
ZoningD
Listing Details
OfficeRE/MAX Landan Real Estate
LISTING MAP

Properties for Sale Similar to 45 Mcrae Street , Okotoks, Alberta

Photo of Listing #A2331846

159 Woodbend Way, Okotoks

$619,500 - 3 Beds, 3 Baths, 1,227 Sf

MLS® # A2331846

Real Estate Professionals Inc.
Photo of Listing #A2346542
New Listing

343 Sheep River Place, Okotoks

$572,500 - 4 Beds, 3 Baths, 1,105 Sf

MLS® # A2346542

Gravity Realty Group
Photo of Listing #A2344419

41 Cimarron Meadows Close, Okotoks

$635,000 - 3 Beds, 3 Baths, 1,412 Sf

MLS® # A2344419

RE/MAX Real Estate (Mountain View)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing ServiceĀ® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.