20 Mcrae Street
Okotoks T1S 1Y6
MLS® Number: A2331997
$ 675,000
0
BEDROOMS
0 + 0
BATHROOMS
0
SQUARE FEET
1946
YEAR BUILT
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.
| COMMUNITY | Business Park |
| PROPERTY TYPE | Mixed Use |
| BUILDING TYPE | Low Rise (2-4 stories) |
| STYLE | N/A |
| YEAR BUILT | 1946 |
| SQUARE FOOTAGE | 0 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | Forced Air, Natural Gas |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | |
| RESTRICTIONS | Encroachment |
| ROOF | Asphalt Shingle |
| TITLE | |
| BROKER | TREC The Real Estate Company |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|