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$ 400,000
Est. payment /mo
New
339 North Railway ST SE Medicine Hat, AB T1A 2Z1
3,655 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,655 sqft
Price per Sqft $109
Subdivision River Flats
MLS Listing ID A2265357
Year Built 1947
Lot Size 3,049 Sqft
Acres 0.07
Property Sub-Type Mixed Use
Property Description
Step into a rare opportunity with this urban gem—an iconic brick building blending old-world charm with modern upgrades, nestled in Medicine Hat's vibrant North Railway District. Eligible for downtown incentives, this property is a standout for entrepreneurs and investors seeking both character and versatility.
The main building's classic brick façade is beautifully preserved, while extensive renovations deliver peace of mind and contemporary comfort. Most windows and doors have been updated, the chimney has been expertly rebuilt, and the furnaces and A/C systems are new or upgraded for year-round efficiency. Additional enhancements include updated flashing, eaves, security lighting, electrical and lighting upgrades, a modernized washroom in unit 1, drop ceiling update, paint in many spaces, a new security system, and a durable membrane roof.
Flexible Potential:
Mercantile-ready: The main space is ideal for retail, boutique, or creative ventures.
Live/Work Possibility: The upstairs of the building has previously functioned as stylish residence to enjoy the ultimate work-life balance.
Revenue Generation: Two separate, self-contained units offer excellent rental income potential.
This property is a match for visionaries looking to invest in a prime location with growth on the horizon. Whether you're expanding your business, launching a new venture, or seeking a live/work lifestyle, this urban masterpiece delivers flexibility, income, and a piece of local history.
Don't miss your chance to own a cornerstone in Medicine Hat's most exciting district!
The main building's classic brick façade is beautifully preserved, while extensive renovations deliver peace of mind and contemporary comfort. Most windows and doors have been updated, the chimney has been expertly rebuilt, and the furnaces and A/C systems are new or upgraded for year-round efficiency. Additional enhancements include updated flashing, eaves, security lighting, electrical and lighting upgrades, a modernized washroom in unit 1, drop ceiling update, paint in many spaces, a new security system, and a durable membrane roof.
Flexible Potential:
Mercantile-ready: The main space is ideal for retail, boutique, or creative ventures.
Live/Work Possibility: The upstairs of the building has previously functioned as stylish residence to enjoy the ultimate work-life balance.
Revenue Generation: Two separate, self-contained units offer excellent rental income potential.
This property is a match for visionaries looking to invest in a prime location with growth on the horizon. Whether you're expanding your business, launching a new venture, or seeking a live/work lifestyle, this urban masterpiece delivers flexibility, income, and a piece of local history.
Don't miss your chance to own a cornerstone in Medicine Hat's most exciting district!
Location
Province AB
Zoning MU-D
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Inclusions Stove, Washer, Dryer
Fireplace No
Exterior
Roof Type Rubber
Garage No
Building
Lot Description Corner Lot
Dwelling Type Mixed Use
Others
Restrictions Call Lister
Listed by CIR REALTY
