Medicine Hat, AB T1A 0C6,546/548 2 ST SE
Medicine Hat, AB T1A 0C6,546/548 2 ST SE
Medicine Hat, AB T1A 0C6,546/548 2 ST SE
Medicine Hat, AB T1A 0C6,546/548 2 ST SE
Medicine Hat, AB T1A 0C6,546/548 2 ST SE
Medicine Hat, AB T1A 0C6,546/548 2 ST SE
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$ 249,900
Est. payment | /mo

Save
$ 249,900
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Se Hill

MLS® Listing ID A2174689

Originating Board Medicine Hat

Year Built 1953

Annual Tax Amount $7,143

Tax Year 2024

Property Description

Prime Commercial Building in the heart of Downtown! This charming brick building presents an exceptional investment opportunity. With its inviting façade and strategic position, the property guarantees high foot traffic and visibility, making it an ideal location for a diverse range of businesses. The building features four distinct rental spaces, of which two are currently leased, providing immediate income. The remaining two units (street view/side) are available, allowing prospective business owners or investors to craft their vision. Additionally, the property is equipped with common areas & 2 conveniently located common bathrooms, ensuring comfort and accessibility for both tenants and visitors. The property has seen several significant updates that enhance its value and functionality over the years. A new membrane roof, fascia, front doors, and upper front windows were installed between 2014 and 2015. In 2020, lights were upgrade to LED, plus upper floor received a new furnace and air conditioning unit in 2018. Most recently, in 2024, a new rear door and air conditioning unit for the front suite were added, showcasing a commitment to upkeep and tenant satisfaction. Its prime downtown location places it within walking distance of a plethora of local shops, restaurants, and transportation options, making it an attractive destination for both tenants and customers alike. Don’t miss your chance to make your mark in the historic downtown. Current Rental Revenue = Tenant 1 - $950/Month & Tenant 2 - $605/Month = Total of $1555/Month. Call today for more information or to schedule a viewing, and take the first step toward securing this opportunity.

Location

Province AB

County Medicine Hat

Zoning MU-D

Interior

Cooling Central Air

Inclusions Air Conditioning- Cental X 3

Exterior

Roof Type Membrane

Others

Restrictions None Known

Tax ID 91612401

Ownership Other

Listed by ROYAL LEPAGE COMMUNITY REALTY

GET MORE INFORMATION

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter