$249,900 FOR SALE

Commercial/Retail

546/548 2 Street Se
Medicine Hat, AB T1A 0C6

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. (id:47423)

Share

Listed By ROYAL LEPAGE COMMUNITY REALTY
Data Provided By Medicine Hat Real Estate Board Co-op
MLS® Listing Number A2174689
Last Updated Oct 30, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Community SE Hill
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Listing Contract Date 2024-10-24
Municipal ID 0020291530
Plan 1491
Property Type Other
Transaction Type For sale
Zoning Description MU-D
Building
Constructed Date 1953
Cooling Type Central air conditioning
Size (Exterior) 2875 square feet
Total Finished Area 2875 sqft
Type Commercial Mix
Land
Total Size Unknown

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.