20 Mcrae Street, Foothills County, Alberta T1S 1Y6

$675,000

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List Price
$675,000
Status
ACTIVE
MLS® #
A2331997
Days on Market
5
Year Built
1946
Area
Okotoks
Community
Business Park
Building Name
We Fix Phone

Property Description

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.

Additional Information

Heating
Forced Air, Natural Gas
Roof
Asphalt Shingle
Acres
0.07

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Calculator source: Real Geeks

Courtesy of TREC The Real Estate Company.

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 Service® 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. Data last updated: .