MATT TEEL
(403) 878-6679

ROYAL LEPAGE COMMUNITY REALTY
403-528-4222

578-580 3 Street SE
  Medicine Hat , Alberta   T1A 0H3
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578-580 3 Street SE For Sale

$790,000
Medicine Hat, Alberta

Transaction Type
For Sale
Zoning
MU-D
Year Built
1970
Property Type
Commercial
Building Area (Sq. Ft.)
16605.00

Listing ID: 32071
MLS ID: A2255281
Prime Downtown Opportunity! Welcome to the RBC Building, a well maintained corner property in the heart of Medicine Hat’s historic downtown. Offering exceptional visibility and access, this mixed use zoned (MU-D) building provides endless possibilities for a wide range of businesses. Patrons will appreciate convenient elevator access(Inspected Annually and updated in 2014), while staff benefit from nearby employee parking located within one block. A sizable onsite parking lot (20 customer stalls & 8 assigned stalls) ensures client convenience. Known for its long standing presence and upkeep over the years, this property is an outstanding chance to secure a piece of downtown’s heritage while positioning your business for success. The building tenancies provide a good mix of professional tenants - Dental, Accounting, Health Care, Counselling. Mix of Fixed & Month to Month Leases - Anchor Tenant RBC Lease expires April 2031 - Current Cap Rate Approximately 6%
Transaction Type
For Sale
Zoning
MU-D
Subdivision
SE Hill
Year Built
1970
Structure Type
Low Rise (2-4 stories)
Property Type
Commercial
Property Sub Type
Mixed Use
Legal Plan
1491
Building Area (Sq. Ft.)
16605.00
Building Area (Sq. M.)
1542.64
Parking
7
Construction Type
Brick,Concrete
Roof
Tar/Gravel
Foundation
Poured Concrete
Cooling
Central Air
Heating
Boiler,Fan Coil,Forced Air,Hot Water,Natural Gas
Commercial Amenities
Elevator Passenger,Emergency Lighting
Inclusions
N/A
Restrictions
See Remarks
Reports
Leases,Title

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