Serving Medicine Hat Since 1955

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  • Main Office

  • 403 4th St. SE Medicine Hat

550C Allowance Avenue SE

Medicine Hat
home Current Listings MLS® A1058039

550C Allowance Avenue SE, Medicine Hat

$219,900

Property Description

Great Investment opportunity! 2300 Square foot commercial building with long standing tenant and lease in place until 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.

Business For Sale

Quick Summary

MLS® Number A1058039
Status Active
Price $219,900
Listing Agent MATT TEEL
Year Built 1946
Building Area 2318 sqft
Garage No

Property Features

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Contact Agent

MATT TEEL

Phone:
Email:
Office:

403-878-6679

mattteel@royallepage.ca

ROYAL LEPAGE COMMUNITY REALTY

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