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$ 950,000
Est. payment /mo
New
206 Stockton AVE Okotoks, AB T1S 1B1
4,014 SqFt
UPDATED:
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
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
NEARBY SCHOOL & BUSINESS