11 Elizabeth Street, Okotoks

$2,900,000

0 Bed
0 Bath
.42 Acre
0 Garage

Great opportunity to own a commercial mixed use building in downtown Okotoks with incredibly high exposure and great parking. The building is Fully leased with long term tenants in place. Main floor features retail in front, with professional office space at both the front and rear. Tenants include an established hair salon and spa, lawyers office, driving school, and retail store. All units on the main have private washroom and storage facilities plus independent heat and A/C. Upstairs find five established businesses with offices from 350 to 850 sq ft. Shared bathroom and lunch room spaces, and one common stairwell. Leases in place all have potential for increase within the next few years. HVAC includes nine rooftop units and one downdraft high efficiency furnace. Building has been been very well maintained by professional tradesman and property owner for over 20 years. Building is a combination of original 1956 construction with predominantly cinderblock and masonary construction added in 1977 and renovated in the mid 80's. Viewings and confirmation of measurement subject to receiving a letter of intent and confidentiality agreement. acceptable offer. Please do not disturb the tenants.

Essential Information
MLS® #A1253793
Price$2,900,000
Bathrooms0.00
Acres0.42
Year Built1956
TypeCommercial
Sub-TypeBusiness
StatusActive
Community Information
Address11 Elizabeth Street
SubdivisionNONE
CityOkotoks
CountyFoothills County
ProvinceAlberta
Postal CodeT0L 1T0
Exterior
ConstructionConcrete, Mixed
Additional Information
Date ListedAugust 29th, 2022
Days on Market99
ZoningD
Office

CENTURY 21 FOOTHILLS REAL ESTATE

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Listing information last updated on December 7th, 2022 at 12:00pm MST.