$799,900.00 4,021 Sq.ft

52 North Railway Street, Okotoks. T1S 1J3

Description

BUILDING and LAND ONLY is for sale. Unique opportunity to own a piece of Okotoks history in a location where traffic can exceed 5000 vehicles per day. This would be a great building/location for a brewery, coffee shop, bakery, gift shop, shared office space- with so much space, the possibilities for use are limited only by your imagination! The location has been used as a restaurant for over 35 years. The main level is currently used as a restaurant (1033sf) and bakery (915 sf) and seats 45+15 on the patio. "Garage" (590sf) is heated and drywalled with laundry hookups. Upstairs there is a 3 bedroom + loft living space (1483sf) suitable for employees (not rentable separately) . All equipment (except that owned by bakery tenant) will stay unless buyer wants the equipment removed. Lot is over 50' and 110' deep with designated parking (6) at the rear. From the town of Okotoks: "Built in the winter of 1890-1891, and opened in January of 1891 as Bowen Store, this unique tin clad building included the postal service in 1891-92 with Herb Bowen serving as postmaster. The building was in the surveyed path of Alberta Avenue and was moved to its current location in 1906. It once again became home of the postal service in 1907, which remained there until 1937. During this time, John Paterson, and afterwards his son George Paterson, served as postmasters. After its tenure as a post office the building was used for several years as a warehouse by Wentworth's General Store located next door. Since 1987, the building has been used as a restaurant. It is significant for its notable and unique design features of pressed metal cladding and a boomtown front facade with corbelled cornice." The building and land is recognized as a municipal historic resource and specific exterior elements are considered "regulated portions" and cannot be modified. There is no requirement to maintain anything on the interior so redevelopment is up to your imagination!

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A1199862
City:Okotoks
Neighbourhood:Heritage Okotoks
Province:Alberta
Building/Unit Size: 4,021 sq.ft
Land Size:0.14 Acre
Listing Price:$799,900.00
Lease Rate:$0.00
Business Type: Bakery,Commercial ,Deli/Catering,Mixed,Restaurant Bakery,Commercial ,Deli,Catering,Mixed,Restaurant
Property Subtype:Mixed Use
Transaction Type:For Sale
Land Use Code:CCB
Listing Contract Date:2022-03-29

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX PRIME" listing brokerage.

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