533 4 Street SE SE Hill, Medicine Hat, Alberta, CA

Address: 533 4 Street SE, Medicine Hat, Alberta

0 Beds0 Baths21234 sqftStatus: Buy
Price $799,900

Property Overview


Built in 1945 this unique building holds so much history and nostalgia! With ample potential this Commercial investment is located in the historic heart of downtown Medicine Hat. The building was the former "Towne Theatre" and currently offers 6 commercial office/retail spaces + 2 new additional suites under construction; close to being completed. 4 suites are street front retail/office and 3 are second level offices, plus 1 new Residential apartment with 1 bedroom & 1 bathroom. 4 units are currently leased. The building has received many improvements/renovations over the past 10 years, including updated windows on the 6 commercial units, 2 heating & air conditioning units (2012), and updated membrane roof on 75% of the building. Full asbestos abatement completed in the offices and theatres. This opportunity has multiple units to generate income in a great central location. Additional revenue potential or owner occupancy possibilities with 8000+ Square Feet available in the vacant Theatres as well. Vacant spaces are ready for future development or leasing. Come have a look at all the potential this eclectic building has to offer. Call or email the listing agent for more information. (id:51532)

 

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Property Summary
Property Type
Other
Building Type
Commercial Mix
Square Footage
21234 sqft
Community Name
SE Hill
Subdivision Name
SE Hill
Title
Freehold
Land Size
21000 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)
Built in
1945
Building
Building Features
Features
Back lane
Foundation Type
Poured Concrete
Construction Material
Poured concrete, Wood frame, Steel frame
Square Footage
21234 sqft
Total Finished Area
21234 sqft
Fire Protection
Full Sprinkler System
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air
Utilities
Utility Type
Electricity(Connected),Natural Gas(Connected),Sewer(Connected),Water(Connected)
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Concrete
Parking
Total Parking Spaces
6
Land
Other Property Information
Zoning Description
MU-D
Features
           Back lane            Central air conditioning
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Your Home Finance Calculation

Property Price CA $799,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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