JN REAL ESTATE GROUP

Business Park

FOR SALE

$675,000

PURCHASE PRICE

20 Mcrae Street , Okotoks · T1S 1Y6

MIXED USE · BUILT 1946

MLS A2331997 · 1 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

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.

DETAILS

TRANSACTION

TRANSACTION
For Sale

BUILDING

TYPE
Mixed Use
YEAR BUILT
1946
CONSTRUCTION
Wood Frame
ROOF
Asphalt Shingle
FOUNDATION
See Remarks

LOT & EXTERIOR

LOT SIZE (SQFT)
3,121
LOT SIZE (ACRES)
0.07

COMMUNITY

COMMUNITY
Business Park
ZONING
D
POSTAL CODE
T1S 1Y6

UTILITIES & COSTS

HEATING
Forced Air · Natural Gas
COOLING
None
ANNUAL TAXES
$6,847

LISTING COURTESY OF LARRY TANG · TREC THE REAL ESTATE COMPANY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.