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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. (id:58753)
Source: Public Records
Discover key demographics, population statistics, and environmental insights for the Okotoks, AB area.
75/100
Very Walkable
Walk Score ®
0/100
Minimal Transit
Transit Score ®
51/100
Bikable
Bike Score ®
Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 26/100.
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Source: Realty.com
45 Mcrae Street, Okotoks, AB T1S1J3 in Okotoks, AB T1S1J3 is a single family residence listed at $549,800. Highlights include 2 bedrooms, 1 bathroom, 684 sq. ft., built in 1900, $804 per sq. ft.. Realty.ca has 21 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 21 photos of 45 Mcrae Street.
Our records indicate that 45 Mcrae Street was built in 1900.
The full address for this home is 45 Mcrae Street, Okotoks, AB T1S1J3.
45 Mcrae Street has been listed on Realty.com since Thu September 17, 2026
Most errands can be accomplished on foot. It is possible to get on a bus. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 15/100, Transit Score: 0/100, Bike Score: 26/100.
This content last refreshed on 2026-09-28 15:17:43. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.