An excellent opportunity to own the corner commercial building with the anchored tenant in a steady rental income in this high traffic location in SW Hill- Medicine Hat , close to hospital , schools, transportation , easy off to the highway No. 1 . Lot size 50' by 125' with ample of the parking stalls in front the building . One side of the building is currently leased to the long term tenant , leased total area (approx. 2500 Sqft main floor, PLUS approx. 1000 sqft developed basement ), till July 31, 2028 with the option to renew for another 5 years. The other side of the building currently is vacant (approx. 2160 Sqft), with mezzanine/office (approx 700 sqft) and basement for additional storage area. This vacant side used to be an medical foot clinic , has 4 exam rooms, office, reception area, kitchen, bathroom, laboratory . It can be used any type of business --offices , dentist, lawyer firm, accountant, medical doctors, real estate , and more ... Roof has the updated rubber membrane and the roof top furnace/air-conditioning unit few years ago. please do not approach the tenant/any staffs.
| Address |
401 7 Street SW |
| List Price |
$619,900 |
| Property Type |
Commercial |
| Type of Dwelling |
Office |
| Area |
Medicine Hat |
| Sub-Area |
SW Hill |
| Year Built |
1953 |
| MLS® Number |
A2141032 |
| Listing Brokerage |
RE/MAX Real Estate (Mountain View)
|
| Postal Code |
T1A4K4 |
| Zoning |
MU |
| Site Influences |
Back Lane, Corner Lot, Flag Lot, Level, See Remarks, Street Lighting, Near Public Transit |
