$2,785,000
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5505, 5509, 5513, 5517 46 Street, Olds, AB T4H 1H5

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A rare and compelling Highway 27 opportunity in the Town of Olds. This offering comprises four civic addresses across two titles, with three properties consolidated on a single title, creating a unique and flexible commercial assemblage with both immediate income and long-term redevelopment upside. Prominently fronting Olds primary eastwest commercial corridor, the property benefits from excellent visibility, strong traffic exposure, rear lane access, and a mix of established uses. The commercial components are leased on a triple-net basis, providing stable income with minimal management, while the residential component contributes additional holding revenue. The commercial space includes a Mr. Mikes Steakhouse location, a nationally recognized Canadian casual-dining. The majority of the site is zoned Commercial General District (CGD), supporting a wide range of highway-oriented commercial, retail, service, and mixed-use opportunities. A portion of the property is zoned Traditional Neighborhood District (RTD) and is directly adjacent to CGD lands, presenting a logical future rezoning opportunity subject to Town approval. This mixed zoning configuration is typical of evolving commercial corridors and offers meaningful flexibility for phased redevelopment. Whether held as an income-producing investment, repositioned over time, or assembled for future redevelopment, this property offers a rare combination of scale, frontage, zoning diversity, and title consolidation in a growing regional market. Opportunities of this nature along Highway 27 are increasingly scarce. An ideal acquisition for investors and developers seeking exposure to Olds main commercial corridor with both cash flow today and upside tomorrow.

Listing By: David Campbell - D.C. & Associates Realty cnpilar Realty.com
  • MLS® A2281010
  • Date Listed01/22/2026
  • Days on Realty 137 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision NONE
  • County Mountain View County
  • Year Built 2019

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T4H 1H5

Discover key demographics, population statistics, and environmental insights for the Olds, AB area.

Walkability in AB / T4H 1H5

Source: Walk Score

58/100

Somewhat Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

45/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 30/100.

Points of Interest near 5505, 5509, 5513, 5517 46 Street, Olds, AB T4H 1H5

Frequently Asked Questions for 5505, 5509, 5513, 5517 46 Street

Source: Realty.com

5505, 5509, 5513, 5517 46 Street, Olds, AB T4H 1H5 in NONE, Olds, AB T4H 1H5 is a mixed use listed at $2,785,000. Highlights include built in 2019. Realty.ca has 25 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 25 photos of 5505, 5509, 5513, 5517 46 Street.

Our records indicate that 5505, 5509, 5513, 5517 46 Street was built in 2019.

The full address for this home is 5505, 5509, 5513, 5517 46 Street, Olds, AB T4H 1H5.

5505, 5509, 5513, 5517 46 Street has been listed on Realty.com since Thu January 22, 2026

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 30/100.

Listing provided courtesy of: D.C. & Associates Realty (tel: 403-228-4158)
Listing agent: David Campbell (tel: 403-616-2033)

This content last refreshed on 2026-06-08 14:50:08. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.