515A North Railway Street SE Medicine Hat ( Alberta, CA - T1A 2Z8) Built

$219,900

RE/MAX Medalta Real Estate

Dione Todd Dione Todd (403) 529-9393 (Office) Request More Info

  • Type: Commercial
  • Style: Mixed Use, Commercial
  • Lot Size: 0.07 acres n/a "Frontage Length: 7.62M 25`0""
  • Year Built: 1908
  • MLS ® #: A2055264

Description

OPPORTUNITY ! Located on North Railway St. SE, this two storey building is one of 3 adjacent properties built just after the turn of the last century. Known as the Baker Block, these structures were built close to downtown and to the railway by Herbert Baker, as mixed use commercial and residential properties designed to support Medicine Hat's early days as a pottery and manufacturing hub. These properties still hold Mixed use zoning ( commercial / residential ) to this day. Take note of the abundance of original features and quality materials used back then. The main floor of this property once operated as an antique store, and the upstairs was once a 7 bedroom boarding house but was most recently used as a 4 bedroom residence. With 3561 sq ft of interior above grade space (both levels), 12 foot ceilings on the main level and 9 foot ceilings upstairs, and many original historical features, there is huge potential to create an amazing space that can generate income from both the commercial and the residential portions. Time to roll up your sleeves, restore this beautiful old building, and create some equity! Also ; check with the City of Medicine Hat for some possible restoration tax incentives . Note: the main floor still holds a business license but is not currently operating.

Highlights

  • Exterior Finish: Foundation Details: Poured Concrete
  • Inclusions: All Inclusions "AS-IS"
  • Roof: Tar/Gravel
P2#1390050707
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Information is deemed to be correct but not guaranteed.

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