Cell: 403-998-2735

Sign Up

Calgary Real Estate

Sold on Service. Sold on Calgary

MLS® Real Estate Listings - Homes, Condos, Acreage properties, Commercial - 403-998-2735

5505, 5509, 5513, 5517 46 Street, Olds

Mixed Use for Sale

5505, 5509, 5513, 5517 46 Street, Olds, MLS® # A2281010
  • MLS®#: A2281010
  • Price: $2,785,000
  • Status: Active
  • Year Built: 2019
  •  
Login or Create an Account to Access Days On Website Financial Information Legal Description Lot Zoning

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.

Contact Elke Babiuk About MLS® A2281010

Required Field

Elke Babiuk, 403-998-2735 at CIR Realty, #130, 703 64th Avenue SE, Calgary, Alberta, T2H 2C3

property information

  • Property Type: Mixed Use
  • MLS®#: A2281010
  • Year Built: 2019
  •  

Community Information

  • Address: 5505, 5509, 5513, 5517 46 Street
  • Neighbourhood: Olds
  • City: Olds
  • Postal Code: T4H 1H5
  •  

interior

  • Included: All Appliances and equipment located at the property and owned by the Seller. List to be supplied during due diligence.
  • Fireplace Details: For Sale
  •  
  •  

$2,785,000

Registration Benefits

By Creating an Account You'll Access:

  • More Olds Listings Browse through every listing in the MLS® System and do as many different searches as you like!
  • Days on Website & Financial Info See protected details including Days on Website, Taxes, Condo Fees, Possession Dates, and more!
  • Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
  • Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!
Sign Up Today! No Obligation & Quick Authorization
 
Listing Courtesy of
D.C. & Associates Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.

MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.