REQUEST A TOUR
$ 400,000
Est. payment | /mo
3,655 SqFt
$ 400,000
Est. payment | /mo
3,655 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
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 3,049 Sqft
Property Sub-Type Mixed Use
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!
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!
Location
Province AB
Zoning MU-D
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Inclusions Stove, Washer, Dryer
Exterior
Roof Type Rubber
Building
Lot Description Corner Lot
Dwelling Type Mixed Use
Listed by CIR REALTY
FEATURED AREAS
NEWLY LISTED IN THE CALGARY AREA
- New NW Single Family Homes HOT
- New NW Townhomes and Condos HOT
- New SW Single Family Homes HOT
- New SW Townhomes and Condos
- New Downtown Single Family Homes
- New Downtown Townhomes and Condos
- New East Side Single Family Homes
- New East Side Townhomes and Condos
- New Calgary Half Duplexes
- New Multi Family Investment Buildings
- New Calgary Area Acreages HOT
- Everything New in Cochrane
- Everything New in Airdrie
- Everything New in Canmore
- Everything Just Listed
- New Homes $100,000 to $400,000
- New Homes $400,000 to $1,000,000
- New Homes Over $1,000,000
HOMES FOR SALE IN NORTHWEST CALGARY
GET MORE INFORMATION
REVIEWS
Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.
