Main Photo: 550C Allowance Avenue SE in Medicine Hat: Other for sale : MLS®# A2010362
Photo 1: 550C Allowance Avenue SE in Medicine Hat: Other for sale : MLS®# A2010362
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Status:
Active
Prop. Type:
Other
MLS® Num:
A2010362
Build. Type:
Commercial Mix
Great investment opportunity! 2300 Square foot commercial building with long standing tenant and lease in place until November 2026. There is 500 square feet of space in the building currently vacant and actively for lease, but could also be a perfect space to start up a small business. Vacant space has previously been approved for a liquor store, and was previously a laundromat. Asking price includes brand new updated security system installed with cameras, 2 updated air conditioning units, 2xforced air furnaces, low maintenance stucco exterior, rolled asphalt roof inspected and repaired where necessary in 2016. Basement includes 3 additional rooms + bathroom and storage areas that can be rented for additional revenue . Great potential with this property and could be nice addition to an investors portfolio. Please contact listing agent for more details on the revenues and expenses of the property as well as the land use bylaws for the vacant space. (id:2493)
Property Type:
Other
Property Plan:
58552
Size Interior:
2,318 sq. ft.
Total Finished Area:
2,318 sq. ft.
Transaction Type:
For sale
Lease Type:
Net
Zoning:
C-N
Ownership Type:
Freehold
Community:
River Flats
Building Type:
Commercial Mix
Age:
76 years
Cooling:
Central air conditioning
Exterior Finish:
Stucco
Fireplace:
No
Heating:
Forced air
Heating Fuel:
Natural gas
Basement:
Unknown
Size Exterior:
2,318 sq. ft.
Acreage:
No
Lot Size:
Unknown
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Listed by ROYAL LEPAGE COMMUNITY REALTY
Data was last updated January 27, 2023 at 05:15 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$399,900
Min list price:
$120,000
Max list price:
$1,091,748
Avg days on market:
121
Min days on market:
14
Max days on market:
641
Avg price per sq.ft.:
$149.96
These statistics are generated based on the current listing's property type and located in Medicine Hat. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.