9305 sqft
$898,000
$10,000 REALTOR BONUS. Best return on investment commercial property in Medicine Hat! Government funded, tenants currently in place with great rental income. Beautifully renovated 9,305 sqft building located in the heart of Medicine Hat's historic downtown core with over $150,000 in extensive renovations inside and out in 2016, including electrical, washrooms, kitchen, sound proofing and new roof. Included in this space is approximately 5,980 sq. ft. on the main floor, a 2,344 sq. ft. upper mezzanine and a 981 sq. ft. two bedroom suite on the second floor. The main floor has been divided into 7 separate spaces, with more office area located on the mezzanine. Built in 1946 by former Mayor, Harry Veiner, to house "Hat Hardware" and raise his family in the two-bedroom suite. This historic building is an amazing investment opportunity in the heart of the revitalization of downtown Medicine Hat. City Hall, the Courthouse, Esplanade, Public Library, the banking district, parking lots, as well as numerous trendy restaurants and coffee shops and so much more are all within walking distance. Don't miss your chance to build a profitable portfolio in charming Medicine Hat! (id:48042)
Property Details
MLS® Number | A2024382 |
Property Type | Business |
Community Name | SE Hill |
Plan | 1491 |
Total Buildings | 1 |
Building
Constructed Date | 1946 |
Construction Material | Wood Frame |
Foundation Type | Poured Concrete |
Size Exterior | 9305 Sqft |
Size Interior | 9305 Sqft |
Total Finished Area | 9305 Sqft |
Land
Acreage | No |
Size Depth | 39.6 M |
Size Frontage | 15.7 M |
Size Total Text | Unknown |
Zoning Description | Mu-d |
https://www.realtor.ca/real-estate/25264674/645-3-street-se-medicine-hat-se-hill