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:51989)
Features of 20 Mcrae Street
- MLS® Number A2331997
- Price $675,000
- Square Footage: 1670 sqft
- Property Type: Commercial Mix
- Community Name: Business Park
- Plan 165s
Buildings
| 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 | 1670 Sqft | 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 |
Agents and Offices
- Larry Tang
- Office: Trec The Real Estate Company