REALTOR® Login
Communities 
Calgary Communities
City Centre East   North  North East North West South  South East West 
Calgary Surrounding
Airdrie Brooks Carstairs Chestermere Claresholm Cochrane Crossfield Didsbury High River Irricana Langdon Okotoks Olds Strathmore Sundre Diamond Valley Rural Rockyview County
Edmonton Communities
City Centre North East North West South East South West West 
Edmonton Surrounding
Beaumont Devon Fort Saskatchewan Leduc Sherwood Park Spruce Grove St.Albert Stony Plain
Central Alberta
Camrose Clearwater County Red Deer Rocky Mountain House Sylvan Lake
Southern Alberta
Crowsnest Pass Lethbridge Medicine Hat
West Alberta
Canmore 
British Columbia
Kelowna Osoyoos Peachland Penticton Revelstoke Salmon Arm Sicamous West Kelowna
Home Evaluation 
Resources 
Resources
Buyer Resources Seller Resources Partners Blog Guide to Buying and Selling During COVID-19
Realtors 
Why CIR 
About Us
Best My Nest We Give Back - 1forALL Initiative Join Our Team Luxury Portfolio
Property Management 
Contact Us 
https://www.cirrealty.ca/reb/creb/10/A2281010_2.jpg https://www.cirrealty.ca/reb/creb/10/A2281010_3.jpg https://www.cirrealty.ca/reb/creb/10/A2281010_4.jpg https://www.cirrealty.ca/reb/creb/10/A2281010_5.jpg https://www.cirrealty.ca/reb/creb/10/A2281010_6.jpg https://www.cirrealty.ca/reb/creb/10/A2281010_7.jpg https://www.cirrealty.ca/reb/creb/10/A2281010_8.jpg

5505, 5509, 5513, 5517 46 Street

Olds T4H 1H5

MLS® Number:  A2281010

Back to Olds    Previous

  • Home \
  • Olds \
  • 5505, 5509, 5513, 5517 46 Street

$ 2,785,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

2019

YEAR BUILT

https://www.cirrealty.ca/reb/creb/10/A2281010_2.jpg





MLS® Number
A2281010
PROPERTY TYPE
Mixed Use
LISTING DATE
January-22-2026

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.

COMMUNITY 
PROPERTY TYPE  Mixed Use
BUILDING TYPE  Mixed Use
STYLE  N/A
YEAR BUILT 2019
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING 
FIREPLACE  N/A
FLOORING 
HEATING 
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  None Known
ROOF 
TITLE  Fee Simple
BROKER  D.C. & Associates Realty

 

 

ROOMS DIMENSIONS (m) LEVEL
Picture for 2412 20th Street Picture for 2412 20th Street Picture for 2412 20th Street Picture for 2412 20th Street Picture for 2412 20th Street

2412 20th Street

Didsbury

0 sqft | 0 Beds | 0 + 0 Baths    

$2,500,000 View

Calgary Real Estate Airdrie Real Estate Okotoks Real Estate Cochrane Real Estate Strathmore Real Estate Chestermere Real Estate Sundre Real Estate High River Real Estate Diamond Valley Real Estate Brooks Real Estate Olds Real Estate Irricana Real Estate Carstairs Real Estate Crossfield Real Estate Claresholm Real Estate Didsbury Real Estate Langdon Real Estate
South Calgary Real Estate Southeast Calgary Real Estate City Centre Calgary Real Estate East Calgary Real Estate North Calgary Real Estate Northwest Calgary Real Estate West Calgary Real Estate Northeast Calgary Real Estate Lethbridge Real Estate Red Deer Real Estate Sylvan Lake Real Estate Brooks Real Estate Edmonton Real Estate Canmore Real Estate Global Real Estate Luxury Real Estate
Home Why CIR Relocation Careers Partners Best My Nest
Realtors Home Evaluation Contact Us




Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.