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

MLS® # A2255281

$790,000

Property Size 16605
Year Built 1970
Garages 29

Description

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:53676)

PROPERTY FEATURES

  • MLS® Number A2255281
  • Price $790,000
  • Square Footage: 16605 sqft
  • Property Type: Commercial Mix
  • Community Name: SE Hill
  • Parking Space Total 29
  • Plan 1491

Buildings

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 16605 Sqft
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

BROKERAGE

  • Office: Royal LePage Community Realty

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