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$ 400,000
Est. payment | /mo
3,655 SqFt
$ 400,000
Est. payment | /mo
3,655 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 3,655 sqft
Price per Sqft $109
Subdivision River Flats
MLS® Listing ID A2265357
Year Built 1947
Lot Size 2,946 Sqft
Acres 2946.57
Property Sub-Type Freehold
Source Medicine Hat Real Estate Board Co-op
Property Description
Step into a rare opportunity with this urban gem—an iconic brick building blending old-world charm with modern upgrades, nestled in Medicine Hat's vibrant North Railway District. Eligible for downtown incentives, this property is a standout for entrepreneurs and investors seeking both character and versatility.The main building's classic brick façade is beautifully preserved, while extensive renovations deliver peace of mind and contemporary comfort. Most windows and doors have been updated, the chimney has been expertly rebuilt, and the furnaces and A/C systems are new or upgraded for year-round efficiency. Additional enhancements include updated flashing, eaves, security lighting, electrical and lighting upgrades, a modernized washroom in unit 1, drop ceiling update, paint in many spaces, a new security system, and a durable membrane roof.Flexible Potential: Mercantile-ready: The main space is ideal for retail, boutique, or creative ventures. Revenue Generation: Two separate, self-contained units offer excellent rental income potential.This property is a match for visionaries looking to invest in a prime location with growth on the horizon. Whether you're expanding your business, launching a new venture, or seeking a live/work lifestyle, this urban masterpiece delivers flexibility, income, and a piece of local history.Don't miss your chance to own a cornerstone in Medicine Hat's most exciting district! Contact your real estate agent to discover what needs to be done to customize this property to meet your needs! (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by CIR REALTY
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