Homes for sale - 546/548 2 Street SE, Medicine Hat, AB T1A0C6

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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$249,900

Est. payment - /mo

2,875 SqFt

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UPDATED:

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

Parking Features No

View Y/N No

Private Pool No

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Listed by ROYAL LEPAGE COMMUNITY REALTY

+1(250) 882-3335

alex@victoriahomes.com

546/548 2 Street SE Medicine Hat, AB T1A0C6