Business Opportunity

Business opportunity

20 Mcrae Street · Okotoks, Alberta T1S1Y6

Asking price$675,000
Property typeBusiness
Building area1,670 square feet

The Opportunity

Overview

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:61970)

Investment highlights

  1. 01Business

Property details

Property type
Business
Transaction
business
Building area
1,670 square feet
Site area
3121 square feet
Listing brokerage
TREC The Real Estate Company
Listing representative
Larry Tang
Board / association
Calgary

Financial information

Asking$675,000

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Location intelligence

Okotoks

Documents

Source Record

Current listing facts, with attribution intact.

Source
REALTOR.ca DDF®
Listing status
active
Source ID
30074085
Last supplied
July 24, 2026
Listing brokerage
TREC The Real Estate Company
Listing representative
Larry Tang
Board / association
Calgary

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Listing brokerage: TREC The Real Estate Company · Listing representative: Larry Tang · Board/association: Calgary · Updated: Jul 24, 2026

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