533 4 Street Se Medicine Hat, Alberta T1A 0K7
$799,900
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:49444)
Property Details
| MLS® Number | A2077812 |
| Property Type | Other |
| Community Name | SE Hill |
| Communication Type | High Speed Internet, Cable Internet Access |
| Features | Back Lane |
| Parking Space Total | 6 |
| Plan | 36556 |
| Road Type | Paved Road |
| Total Buildings | 1 |
Building
| Amperage | 200 Amp Service |
| Constructed Date | 1945 |
| Construction Material | Poured Concrete, Wood Frame, Steel Frame |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Concrete |
| Fire Protection | Full Sprinkler System |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 21234 Sqft |
| Size Interior | 21,234 Ft2 |
| Total Finished Area | 21234 Sqft |
| Type | Commercial Mix |
| Utility Power | 200 Amp Service |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 21000.00 |
| Size Total | 21000 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Size Total Text | 21000 Sqft|10,890 - 21,799 Sqft (1/4 - 1/2 Ac) |
| Zoning Description | Mu-d |
Utilities
| Electricity | Connected |
| Natural Gas | Connected |
| Sewer | Connected |
| Water | Connected |
https://www.realtor.ca/real-estate/26028996/533-4-street-se-medicine-hat-se-hill
Contact Us
Contact us for more information
Matt Teel
Associate
(403) 528-4040
www.mattteel.com
1202 Southview Dr. Se
Medicine Hat, Alberta T1B 4B6
(403) 528-4222
(403) 528-4040
www.royallepagemh.com/
Frank Devine
Associate
(403) 528-4040
www.royallepage.ca/en/
1202 Southview Dr. Se
Medicine Hat, Alberta T1B 4B6
(403) 528-4222
(403) 528-4040
www.royallepagemh.com/
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October 13 2023 01:05:50
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