20 Mcrae Street, Okotoks
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:1945)
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Property details for 20 Mcrae Street, Okotoks
- Type
- Commercial
- Living Area
- 1,670 square feet
- Lot Size
- 3121.00
- Heating
- Forced air, Natural gas
- Cooling
- None
- Annual Taxes
- $6,847 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 20 Mcrae Street
Active Listings
104
Min Price
$127,000
Max Price
$2,950,000
Avg Price
$679,493
Days on Market
47
days
Sold Listings
49
Min Sold Price
$59,900
Max Sold Price
$1,150,000
Avg Sold Price
$596,398
Days until Sold
58
days
Price History
Listed
July 24, 2026
by TREC The Real Estate Company
Current Price
$675,000
+3.9% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $675,000 | +$25,100 (+3.9%) |
| Jul 24, 2026 | $649,900 | Listed |
