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

$219,900
  • Main floor
  • Upper Floor

RE/MAX Medalta Real Estate

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

  • Type: Residential
  • Style: 2 Storey "Detached, Residential, House"
  • Bedrooms: 4 "Above Grade: 4"
  • Bathrooms: 4 "Full Bath(s): 1, Half Bath(s): 3"
  • Garage: "Parking: Off Street, Total Parking: 4"
  • Parking Space(s): 4
  • Size: 3,561 sq. ft. "Main: 1769.00 sqft"
  • Lot Size: 0.07 acres n/a "Frontage Length: 2.32M 7`7""
  • Year Built: 1908
  • MLS ® #: A2054409
  • Basement: Yes, Full

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 where you could live upstairs and generate income from the commercial space on the main floor, or operate your business from the main floor and generate income from the residential portion. OR use both as revenue streams! This property has a full basement great for storage and there is also a walk-up access from the basement to the back yard. Time to roll up your sleeves, restore this beautiful old building, and create some equity. This property has potential to create a one-of-kind " urban-chic" living space, and generate income too! Also ; check with the City of Medicine Hat for some possible restoration tax incentives .

Highlights

  • Interior Features: Open Floorplan
  • Interior Features: Flooring: Tile, Wood
  • Exterior Finish: Private Yard
  • Exterior Finish: Fencing: Fenced
  • Exterior Finish: Construction Materials: Brick, Wood Frame
  • Exterior Finish: Foundation Details: Poured Concrete
  • Heating: Forced Air
  • Construction Materials: Brick, Wood Frame
  • Direction Faces: W
  • Inclusions: All inclusions as-is
  • Laundry Features: In Basement, Main Level
  • Parking Features : Off Street, Parking Total : 4
  • Lot Features: Lot Features: Back Lane, Enclosed
  • Roof: Asphalt/Gravel
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Information is deemed to be correct but not guaranteed.

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