Excellent investment opportunity: a freestanding retail building with direct exposure on high-traffic North Street in Okotoks. The property offers more than 5,148 sq. ft., including a 1,170 sq. ft. tenant-occupied space with a lease term to 2028, plus a second 3,978 sq. ft. tenant space leased to 2027 with bay-door access. Located between the Okotoks Cinema and a car wash, the building also features a large pylon sign. A strong opportunity to own a well-positioned property and help secure your financial future.
Essential information
MLS® number
A2328706
Status
Active
Price
$1,950,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
Call Lister
Building area
5,149 sq ft
Lot size
6,781 sq ft
Year built
2004
Structure
Retail
Listing brokerage
RE/MAX Real Estate (Mountain View)
Source
Pillar 9™ MLS® System
Interior
Heating
Make-up Air
Included
list will be provided
Exterior and construction
Roof
Asphalt
Zoning
(I2) Retail
Parking
Total parking
10
Community
City
Okotoks
Province
AB
Postal code
T1S 0E2
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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