About 20 Mcrae Street
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.
Features of 20 Mcrae Street
| MLS® # | A2331997 |
|---|---|
| Price | $675,000 |
| Acres | 0.07 |
| Year Built | 1946 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 20 Mcrae Street |
|---|---|
| Subdivision | Business Park |
| City | Okotoks |
| County | Foothills County |
| Province | Alberta |
| Postal Code | T1S 1Y6 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| Has Basement | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Construction | Wood Frame |
| Foundation | See Remarks |
Additional Information
| Date Listed | July 22nd, 2026 |
|---|---|
| Days on Market | 42 |
| Zoning | D |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | TREC The Real Estate Company |
|---|