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.
Essential information
MLS® number
A2331997
Status
Active
Price
$675,000
Property type
Commercial
Type
Mixed Use
Transaction
For Sale
Restrictions
Encroachment
Building area
1,670 sq ft
Lot size
3,121 sq ft
Year built
1946
Structure
Low Rise (2-4 stories)
Listing brokerage
TREC The Real Estate Company
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Included
Fridge, stove
Exterior and construction
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
See Remarks
Frontage
10.07M 33`0"
Zoning
D
Community
Subdivision
OKBUP
City
Okotoks
Province
AB
Postal code
T1S 1Y6
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Business valuation calculator
SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
SDE—
EBITDA—
Gross profit
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Pre-tax profit as the books show it
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Value at that multiple SDE × multiple
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Asking price as a multiple of SDE
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Buyer’s earnings after debt SDE less the asking price paid over 5 years at 8%
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Arithmetic on the numbers you enter — not a valuation, not an appraisal and not financial advice. Real multiples vary enormously by industry, lease terms and how much the business depends on its owner. Have an accountant review the actual books before you rely on any of it. Nothing typed here is sent anywhere or saved.
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7 photos$600,0001175, 6520 36 Street NE, Calgary
