Calley Erickson
(403) 701-1313

SOTHEBY'S INTERNATIONAL REALTY CANADA
403-254-5315

645 3 Street SE
  Medicine Hat , Alberta   T1A 0H4
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645 3 Street SE For Sale

$898,000
Medicine Hat, Alberta

Transaction Type
For Sale
Days On Market
112
Year Built
1946
Zoning
MU-D
Property Type
Commercial
Building Area (Sq. Ft.)
9305.00

Listing ID: 18297
MLS ID: A2024382
$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!
Transaction Type
For Sale
Title
Fee Simple
Days On Market
112
Year Built
1946
Zoning
MU-D
Subdivision
SE Hill
Building Type
Mixed Use,Office Building,Retail,See Remarks,Street Level Storefront
Structure Type
Other
Property Type
Commercial
Property Sub Type
Business
Legal Plan
1491
Building Area (Sq. Ft.)
9305.00
Building Area (Sq. M.)
864.46
Construction Type
Mixed,Wood Frame
Roof
Asphalt,Tar/Gravel
Foundation
Poured Concrete
Commercial Amenities
Boardroom,Emergency Lighting,Kitchen,Mezzanine,See Remarks,Storage
Access to Property
Direct Access,On Major Traffic Route
Inclusions
N/A
Restrictions
Restrictive Covenant-Building Design/Size
Reports
Annual Property Operating Data,Leases,Pro-Forma,RPR,Title
Heating
Combination

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