45 Mcrae Street , Okotoks, Alberta

$549,800

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2

Beds

1

Bath

684

Square feet

0.10

Acres

About 45 Mcrae Street

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.

Features of 45 Mcrae Street

MLS® # A2345198
Price $549,800
Bedrooms 2
Bathrooms 1.00
Full Baths 1
Square Footage 684
Acres 0.10
Year Built 1900
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 45 Mcrae Street
Subdivision NONE
City Okotoks
County Foothills County
Province Alberta
Postal Code T1S 1J3

Amenities

Parking Off Street
Is Waterfront No
Has Pool No

Interior

Interior Features No Animal Home, No Smoking Home
Appliances Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer Stacked
Heating Forced Air
Cooling None
Fireplace No
Has Basement Yes
Basement Other

Exterior

Exterior Features None
Lot Description Back Lane, Corner Lot, Irregular Lot, Level
Roof Asphalt Shingle
Construction Aluminum Siding , Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed September 17th, 2026
Zoning D
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Landan Real Estate

Listing Map