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$ 790,000
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578-580 3 ST SE Medicine Hat, AB T1A 0H3
16,605 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 16,605 sqft
Price per Sqft $47
Subdivision Se Hill
MLS Listing ID A2255281
HOA Y/N No
Year Built 1970
Property Sub-Type Mixed Use
Property Description
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%
Location
Province AB
County 0217
Zoning MU-D
Interior
Heating Boiler, Fan Coil, Forced Air, Hot Water, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Roof Type Tar/Gravel
Total Parking Spaces 29
Garage No
Building
Dwelling Type Low Rise (2-4 stories)
Foundation Poured Concrete
Others
Restrictions See Remarks
Listed by ROYAL LEPAGE COMMUNITY REALTY
