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$ 950,000
Est. payment | /mo
4,014 SqFt
$ 950,000
Est. payment | /mo
4,014 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,014 sqft
Price per Sqft $236
MLS Listing ID A2325647
Year Built 1981
Lot Size 0.310 Acres
Acres 0.31
Property Sub-Type Mixed Use
Property Description
Rare opportunity to own a stand-alone commercial building in the heart of Okotoks' industrial area,offering both immediate income and future upside. Situated on a 0.31 acre fenced lot,the property features five parking stalls out front plus ample additional parking behind the building,adding flexibility for staff,customers,or operational use. With excellent access to downtown Okotoks,the business park,and Highway 2,this is a highly accessible location for a wide range of commercial users.
The building is configured into two separate units,creating a strong opportunity for investors or owner-users looking to offset occupancy costs with rental income. Unit A offers over 3,000 sq. ft. and is ready for a new business,presenting immediate lease-up potential. This unit includes a spacious front retail or showroom area,private office,board room,kitchen,bathroom,and a large rear warehouse with a second bathroom and over 500 sq. ft. of mezzanine space. The flexible layout is well suited to a variety of business types and offers the ability to generate additional income right away.
Unit B offers nearly 1,000 sq. ft. of commercial space and is leased to a successful veterinary business with approximately four years remaining on the current lease,providing stable income from an established tenant. This unit includes two bathrooms and a staff area with kitchen space in the back.
Well maintained with updates completed throughout the years,including a rooftop renovation last year,this property offers a compelling mix of existing revenue,leasing potential,and functional space in one of Okotoks' key industrial locations.
The building is configured into two separate units,creating a strong opportunity for investors or owner-users looking to offset occupancy costs with rental income. Unit A offers over 3,000 sq. ft. and is ready for a new business,presenting immediate lease-up potential. This unit includes a spacious front retail or showroom area,private office,board room,kitchen,bathroom,and a large rear warehouse with a second bathroom and over 500 sq. ft. of mezzanine space. The flexible layout is well suited to a variety of business types and offers the ability to generate additional income right away.
Unit B offers nearly 1,000 sq. ft. of commercial space and is leased to a successful veterinary business with approximately four years remaining on the current lease,providing stable income from an established tenant. This unit includes two bathrooms and a staff area with kitchen space in the back.
Well maintained with updates completed throughout the years,including a rooftop renovation last year,this property offers a compelling mix of existing revenue,leasing potential,and functional space in one of Okotoks' key industrial locations.
Location
Province AB
County 0111
Zoning IBP
Interior
Inclusions TBD
Fireplace No
Exterior
Total Parking Spaces 10
Garage No
Building
Dwelling Type Industrial
Others
Restrictions See Remarks
Listed by CIR Realty
LOCATION AND OTHER NEARBY PROPERTIES
REVIEWS
Shuvolaxmi Dutta
Highly recommend! An absolute pleasure to work with.
We recently purchased our beautiful new home in Calgary with the help of Viren and we couldn’t be happier with the entire experience. From the very beginning, he truly listened to our specific needs, likes, and dislikes. He understood exactly what we were looking for in a family home and didn’t recommend us to see anything that didn’t align with our vision.
He was very respectful of our budget and helped us find excellent options within our range without ever making us feel pressured. He never rushed us — even when we took time to think things through, he was patient and supportive every step of the way.
What really stood out was how he went above and beyond during the final walkthrough. He took care of a few issues that came up and made sure everything was properly addressed before closing. It gave us so much peace of mind.
Most importantly, working with him felt like searching for a home with a close family friend. His warmth, honesty, and genuine care made, what could have been a stressful process, truly enjoyable. We are so grateful for his help in finding our perfect family home and would recommend him to anyone without hesitation!
Thank you again Viren!
Stallone Dias
We recently worked with Viren to purchase a rental property, and the experience was excellent from start to finish.
Buying a home can be stressful, but Viren made the entire process smooth and straightforward. He was knowledgeable, responsive, and always available to answer our questions. We never felt pressured and always felt that he had our best interests in mind.
His guidance throughout the search, negotiations, and closing process was invaluable, and thanks to his hard work, we found the perfect property.
I would highly recommend Viren to anyone looking to buy or sell a home. Thank you for making what could have been a stressful experience such a positive one! - We will definitely be in-touch when we're in the market for another property.
Michael Rand
I am a Alberta certified home inspector for a top home inspection company and have had the pleasure to work with Virin on a few occasions, his professional attitude and knowledge of the space is exceptional and should be a bar set by all realtors to match. It was a pleasure and I look forward to a long professional relationship with him and his company in the future. Thanks for being so professional and prompt with all requests.
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