339 North Railway ST SE new

Medicine Hat,AB T1A 2Z1

$ 400000

- Bed

- Bath

3655 SqFt


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!

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

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