$2,950,000
Est. payment /mo
8,000 SqFt
Active
150 Woodgate RD Okotoks, AB T1S 1L2
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $368
MLS Listing ID A2226593
Year Built 1986
Lot Size 0.720 Acres
Acres 0.72
Property Sub-Type Retail
Property Description
Located at 150 Woodgate Road in Okotoks,this property offers an excellent opportunity for an owner user,investor,or business operator seeking a well located commercial building with strong long term potential. While the property is currently operating as a liquor store,the real value of this offering extends well beyond the existing business use.
The building may be suitable for a wide range of future commercial applications,subject to zoning,permitting,licensing,and municipal approvals. Potential uses could include a fitness facility,daycare,bottle depot,specialty retail,medical or wellness clinic,professional office,personal service business,community-focused retail,or other commercial concepts requiring a visible and accessible location.
For an owner operator,the property provides the opportunity to control occupancy costs rather than lease space from a third party. For an investor,it offers a tangible real estate asset with flexibility for future repositioning,leasing,or redevelopment strategies. This kind of ownership opportunity can be especially attractive in a growing market where well located commercial properties with adaptable layouts are increasingly difficult to secure.
The existing liquor store operation may be continued by a purchaser who sees value in the current business; however,buyers are not limited to that use. The property can also be viewed as a flexible commercial real estate acquisition suitable for a new business concept,expansion location,or long term investment hold.
Whether acquired for the existing retail operation,converted for a different end user,or held as a strategic commercial asset,150 Woodgate Road represents a compelling opportunity in the Okotoks market.
The building may be suitable for a wide range of future commercial applications,subject to zoning,permitting,licensing,and municipal approvals. Potential uses could include a fitness facility,daycare,bottle depot,specialty retail,medical or wellness clinic,professional office,personal service business,community-focused retail,or other commercial concepts requiring a visible and accessible location.
For an owner operator,the property provides the opportunity to control occupancy costs rather than lease space from a third party. For an investor,it offers a tangible real estate asset with flexibility for future repositioning,leasing,or redevelopment strategies. This kind of ownership opportunity can be especially attractive in a growing market where well located commercial properties with adaptable layouts are increasingly difficult to secure.
The existing liquor store operation may be continued by a purchaser who sees value in the current business; however,buyers are not limited to that use. The property can also be viewed as a flexible commercial real estate acquisition suitable for a new business concept,expansion location,or long term investment hold.
Whether acquired for the existing retail operation,converted for a different end user,or held as a strategic commercial asset,150 Woodgate Road represents a compelling opportunity in the Okotoks market.
Location
State AB
Zoning GC
Interior
Inclusions To be mutually agreed to at the time of sale, and attached to the Offer to Purchase as a Schedule “B”
Fireplace No
Exterior
Garage No
Building
Dwelling Type Retail
Others
Restrictions None Known
Listed by CIR Realty
Nearby Locations
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