* Amounts are estimates only. Final payment amounts may vary.
Description
Welcome to 45 McRae Street in the heart of Downtown Okotoks, an exceptional opportunity to own a 4,335 sqft CORNER LOT with Downtown District (D) zoning, offering incredible flexibility for residential, commercial, or mixed-use possibilities. Positioned directly on the downtown strip and across from Old Towne Plaza with restaurants, shops, local businesses, and community gathering spaces just steps away, this is a highly visible location surrounded by the energy and activity that makes downtown Okotoks such a desirable destination. Frequent community events and steady pedestrian and vehicle traffic create excellent exposure for entrepreneurs, investors, or small business owners looking for a storefront or professional space, while the existing residence also provides the option to continue using the property as a home. The charming 684 sq. ft. bungalow features a bright and inviting living room with a large picture window overlooking McRae Street, a functional kitchen with updated cabinetry and plenty of workspace, two bedrooms, and a full bathroom highlighted by a freestanding tub and warm accents. The property has also seen UPGRADES TO THE FURNACE AND ELECTRICAL within the past 10+ years adding practical value to the existing building. Outside, the generous corner parcel offers multiple access points, including convenient access from the adjoining lane and rear alley, creating additional flexibility for parking, deliveries, future development, or business operations. A substantial 12'5" x 24'7" detached shed provides an impressive amount of additional storage or workspace. The Downtown District zoning is intended to support a vibrant, pedestrian-oriented town center with a blend of commercial, retail, office, community, and residential uses while encouraging thoughtful infill and redevelopment, making this property particularly appealing for anyone looking to capitalize on the continued growth and character of Downtown Okotoks. Whether you envision operating your own business in a prominent Main Street location, holding the property as an investment, maintaining its residential use, or exploring future redevelopment opportunities, 45 McRae Street offers a rare combination of location, visibility, lot size, access, and flexible downtown zoning in one of Okotoks' most recognizable areas.
Property details
Basic Info
MLS® #
A2345198
Property Type:
Residential
Subtype:
Detached
Subdivision:
NONE
Price
$549,800
Sale/Lease:
For Sale
Size:
684 sq.ft.
Bedrooms:
2
Bathrooms:
1
Year Built:
1900 (126 years old)
Building Info
Structure Type:
House
Building Style:
Bungalow
Garage:
No
Parking:
Off Street
Fence:
Fenced
Basement:
Other
Features:
No Animal Home, No Smoking Home
Inclusions:
N/A
Appliances:
Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer Stacked
Laundry:
In Unit
Exterior Features:
None
Patio/Porch Features:
None
Neighborhood Info
Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Lot / Land Info
Lot Size:
0 acres
Lot Features:
Back Lane, Corner Lot, Irregular Lot, Level
Zoning:
D
Materials & Systems
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding ,Wood Frame
Floors:
Vinyl
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths