Browse our exclusive listings.
A rare and compelling Highway 27 opportunity in the Town of Olds. This offering comprises four civic addresses across two titles, with three properties consolidated on a single title, creating a unique and flexible commercial assemblage with both immediate income and long-term redevelopment upside.Prominently fronting Olds’ primary east–west commercial corridor, the property benefits from excellent visibility, strong traffic exposure, rear lane access, and a mix of established uses. The commercial components are leased on a triple-net basis, providing stable income with minimal management, while the residential component contributes additional holding revenue. The commercial space includes a Mr. Mike’s Steakhouse location, a nationally recognized Canadian casual-dining.The majority of the site is zoned Commercial General District (CGD), supporting a wide range of highway-oriented commercial, retail, service, and mixed-use opportunities. A portion of the property is zoned Traditional Neighborhood District (RTD) and is directly adjacent to CGD lands, presenting a logical future rezoning opportunity subject to Town approval. This mixed zoning configuration is typical of evolving commercial corridors and offers meaningful flexibility for phased redevelopment.Whether held as an income-producing investment, repositioned over time, or assembled for future redevelopment, this property offers a rare combination of scale, frontage, zoning diversity, and title consolidation in a growing regional market. Opportunities of this nature along Highway 27 are increasingly scarce.An ideal acquisition for investors and developers seeking exposure to Olds’ main commercial corridor with both cash flow today and upside tomorrow. (id:55690)
| Constructed Date | 2019 | Size Exterior | 5000 Sqft |
| Size Interior | 5000 Sqft | Total Finished Area | 5000 Sqft |
| Type | Commercial Mix |
| Acreage | No | Size Total Text | Unknown |
| Zoning Description | Ind - Highway Commercial |
Unlock Your Real Estate Dreams with Calgary Dream Properties - Join me to Building Your Future!
At Calgary Dream Properties, I am committed to delivering unparalleled expertise and unwavering integrity in the realm of luxury real estate. With a dedication to professionalism, I go above and beyond to provide my clients with top-tier service, ensuring they achieve their unique real estate aspirations. Join me at Calgary Dream Properties to embark on a journey towards realizing your dream property goals.
Contact US
