- Status:
- Active
- Prop. Type:
- Other
- MLS® Num:
- A2077812
- Build. Type:
- Commercial Mix
- Photos (35)
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Built in 1945 this unique building holds so much history and nostalgia! With ample potential this Commercial investment is located in the historic heart of downtown Medicine Hat. The building was the former "Towne Theatre" and currently offers 6 commercial office/retail spaces + 2 new additional suites under construction; close to being completed. 4 suites are street front retail/office and 3 are second level offices, plus 1 new Residential apartment with 1 bedroom & 1 bathroom. 4 units are currently leased. The building has received many improvements/renovations over the past 10 years, including updated windows on the 6 commercial units, 2 heating & air conditioning units (2012), and updated membrane roof on 75% of the building. Full asbestos abatement completed in the offices and theatres. This opportunity has multiple units to generate income in a great central location. Additional revenue potential or owner occupancy possibilities with 8000+ Square Feet available in the vacant Theatres as well. Vacant spaces are ready for future development or leasing. Come have a look at all the potential this eclectic building has to offer. Call or email the listing agent for more information. (id:2493)
- Property Type:
- Other
- Property Plan:
- 36556
- Size Interior:
- 21,234 sq. ft.
- Total Finished Area:
- 21,234 sq. ft.
- Transaction Type:
- For sale
- Zoning:
- MU-D
- Ownership Type:
- Freehold
- Community:
- SE Hill
- Subdivision Name:
- SE Hill
- Features:
- Back lane
- Building Type:
- Commercial Mix
- Number of Buildings:
- 1
- Power Type:
- 200 Amp Service
- Building Amperage:
- 200 Amp Service
- Utilities:
- Electricity - Connected, Natural Gas - Connected, Sewer - Connected, Water - Connected
- Communication Type:
- High Speed Internet, Cable Internet access
- Age:
- 78 years
- Construction Material:
- Poured concrete, Wood frame, Steel frame
- Cooling:
- Central air conditioning
- Exterior Finish:
- Brick, Concrete
- Fireplace:
- No
- Fire Protection:
- Full Sprinkler System
- Foundation:
- Poured Concrete
- Heating:
- Forced air
- Heating Fuel:
- Natural gas
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Size Exterior:
- 21,234 sq. ft.
- Acreage:
- No
- Lot Size:
- 21,000.145 sq. ft.
- Lot Size:
- 21000 sqft|10,890 - 21,799 sqft (1/4 - 1/2 ac)
- Lot Details:
- 21000.00
- Total Parking Spaces:
- 6
- Road Surface:
- Paved road
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Upper Level Shared Bathroom
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Listed by ROYAL LEPAGE COMMUNITY REALTY
Data was last updated September 27, 2023 at 02:15 PM (UTC)
Area Statistics
- Listings on market:
- 22
- Avg list price:
- $502,000
- Min list price:
- $99,000
- Max list price:
- $2,100,000
- Avg days on market:
- 93
- Min days on market:
- 7
- Max days on market:
- 884
- Avg price per sq.ft.:
- $163.12
These statistics are generated based on the current listing's property type
and located in
Medicine Hat. Average values are
derived using median calculations.
- MATT TEEL
- ROYAL LEPAGE COMMUNITY REALTY
- 1 (403) 8786679
- Contact by Email
Location
1202 Southview Dr. SE
Medicine Hat, AB, T1B 4B6
