Serving Medicine Hat Since 1955

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  • Main Office

  • 403 4th St. SE Medicine Hat

533 4 Street SE

Medicine Hat
home Current Listings MLS® A2077812

533 4 Street SE, Medicine Hat

$799,900

Property Description

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.

21000 sqft (lot) Mixed Use For Sale

Quick Summary

MLS® Number A2077812
Status Active
Price $799,900
Listing Agent MATT TEEL
Year Built 1945
Building Area 21234 sqft
Total Parking 6
Garage No

Property Features

Inclusions

  • n/a

Contact Agent

MATT TEEL

Phone:
Email:
Office:

403-878-6679

[email protected]

ROYAL LEPAGE COMMUNITY REALTY


Contact Co-Agent

FRANK DEVINE

Phone:
Email:
Office:

403-548-5379

[email protected]

ROYAL LEPAGE COMMUNITY REALTY

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