546/548 2 Street SE Active Save Request In-Person Tour Request Virtual Tour
Medicine Hat,AB T1A0C6
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,875 sqft
Price per Sqft $86
Subdivision Se Hill
MLS Listing ID A2174689
Originating Board Medicine Hat Real Estate Board Co-op
Year Built 1953
Property Description
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:24570)
Location
Province AB
Interior
Cooling Central air conditioning
Exterior
Garage No
Waterfront No
View Y/N No
Private Pool No