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Executive Summary

**Flexible Commercial Property with Existing Retail Use and Broad End-User Potential**
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.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,000 SF
Year Built
1986
Price
$2,094,442 USD
Price Per SF
$261.81 USD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.26
Lot Size
0.72 AC
Zoning
GC
Parking
25 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
95’ on Woodgate Rd
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Starbucks
FreshCo
CIBC
Tim Hortons
Thai Express
Original Joe's
Taco Time (canada)
TD Canada Trust
Cactus Club
Chicko Chicken
  • Listing ID: 40609136

  • Date on Market: 5/20/2026

  • Last Updated:

  • Address: 150 Woodgate Rd, Okotoks, AB T1S 1L2

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