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502 South Railway Street Se Medicine Hat, Alberta T1A 2V6

4234 sqft
Central Air Conditioning Forced Air

$275,000

A Fantastic Investment Opportunity Awaits! Discover the potential of this free-standing downtown building, a property with a rich history as a restaurant and lounge. With its unique walk-out layout, this space offers incredible versatility, featuring two separate entrances for multi-use possibilities. Whether you're looking to invest in a property with endless potential or seeking a lease opportunity, this landmark is ready to inspire. The building has been largely stripped down to its bare bones, providing a blank slate for your vision. Highlights include: Parking options: Dedicated parking lot in front, ample on-street parking, and several nearby lots. Washrooms on all levels, ensuring convenience for any use. Basement: Equipped with washrooms, storage, and a utility room. Main floor: Former kitchen space (equipment removed but utility infrastructure intact), perfect for a restaurant or lounge setup, and a cozy seating area. Upper level: Features an iconic dance floor/stage, additional washrooms, an open area, and a separate entrance. While some work is needed to restore this local gem to its former glory, the possibilities are truly endless. Whether you're dreaming of a trendy restaurant, a vibrant entertainment venue, or a multi-use commercial space, this property can make it happen. Also available for lease! Contact your REALTOR® today to schedule a tour of this exciting opportunity and bring your vision to life. (id:58126)

Property Details

MLS® Number A2205833
Property Type Other
Community Name SE Hill
Plan 9012473

Building

Constructed Date 1920
Cooling Type Central Air Conditioning
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 4234 Sqft
Size Interior 4234 Sqft
Total Finished Area 4234 Sqft
Type Commercial Mix

Land

Acreage No
Size Depth 69.04 M
Size Frontage 10.06 M
Size Irregular 694.54
Size Total 694.54 M2|7,251 - 10,889 Sqft
Size Total Text 694.54 M2|7,251 - 10,889 Sqft
Zoning Description Mu-d

https://www.realtor.ca/real-estate/28076786/502-south-railway-street-se-medicine-hat-se-hill

Interested?

Contact us for more information


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Jen Boyle
Associate

(403) 458-3974
www.jenboyle.ca/

Cir Realty
411 North Railway Street Se
Medicine Hat, Alberta T1A 2Z3

(403) 271-0600
https://cirrealty.ca/

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