578-580 3 Street Se Medicine Hat, Alberta T1A 0H3

16,605 ft2
Central Air Conditioning Forced Air, Hot Water

$790,000

Prime Downtown Opportunity! Welcome to the RBC Building, a well maintained corner property in the heart of Medicine Hat’s historic downtown. Offering exceptional visibility and access, this mixed use zoned (MU-D) building provides endless possibilities for a wide range of businesses. Patrons will appreciate convenient elevator access(Inspected Annually and updated in 2014), while staff benefit from nearby employee parking located within one block. A sizable onsite parking lot (20 customer stalls & 8 assigned stalls) ensures client convenience. Known for its long standing presence and upkeep over the years, this property is an outstanding chance to secure a piece of downtown’s heritage while positioning your business for success. The building tenancies provide a good mix of professional tenants - Dental, Accounting, Health Care, Counselling. Mix of Fixed & Month to Month Leases - Anchor Tenant RBC Lease expires April 2031 - Current Cap Rate Approximately 6% (id:49203)

Property Details

MLS® Number A2255281
Property Type Other
Community Name SE Hill
Parking Space Total 29
Plan 1491

Building

Constructed Date 1970
Construction Material Poured Concrete
Cooling Type Central Air Conditioning
Exterior Finish Brick, Concrete
Fire Protection Alarm System
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air, Hot Water
Size Exterior 16605 Sqft
Size Interior 16,605 Ft2
Total Finished Area 16605 Sqft
Type Commercial Mix

Land

Acreage No
Size Depth 39.62 M
Size Frontage 36.27 M
Size Total Text Unknown
Zoning Description Mu-d

https://www.realtor.ca/real-estate/28850926/578-580-3-street-se-medicine-hat-se-hill

Contact Us

Contact us for more information

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Matt Teel
Associate

(403) 878-6679
(403) 528-4040
www.teelestateteam.com/

Royal LePage Community Realty
1202 Southview Dr. Se
Medicine Hat, Alberta T1B 4B6

(403) 528-4222
(403) 528-4040
www.royallepagemh.com/

Dekker Team
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