546/548 2 Street Se, Medicine Hat, Alberta

$249,900

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About 546/548 2 Street Se

Prime Commercial Building in the heart of Downtown! This charming brick building presents an exceptional investment opportunity. With its inviting façade and strategic position, the property guarantees high foot traffic and visibility, making it an ideal location for a diverse range of businesses. The building features four distinct rental spaces, of which two are currently leased, providing immediate income. The remaining two units (street view/side) are available, allowing prospective business owners or investors to craft their vision. Additionally, the property is equipped with common areas & 2 conveniently located common bathrooms, ensuring comfort and accessibility for both tenants and visitors. The property has seen several significant updates that enhance its value and functionality over the years. A new membrane roof, fascia, front doors, and upper front windows were installed between 2014 and 2015. In 2020, lights were upgrade to LED, plus upper floor received a new furnace and air conditioning unit in 2018. Most recently, in 2024, a new rear door and air conditioning unit for the front suite were added, showcasing a commitment to upkeep and tenant satisfaction. Its prime downtown location places it within walking distance of a plethora of local shops, restaurants, and transportation options, making it an attractive destination for both tenants and customers alike. Don’t miss your chance to make your mark in the historic downtown. Current Rental Revenue = Tenant 1 - $950/Month & Tenant 2 - $605/Month = Total of $1555/Month. Call today for more information or to schedule a viewing, and take the first step toward securing this opportunity.

Features of 546/548 2 Street Se

MLS® # A2174689
Price $249,900
Bathrooms 0.00
Acres 0.00
Year Built 1953
Type Commercial
Sub-Type Mixed Use
Status Active

Community Information

Address 546/548 2 Street Se
Subdivision SE Hill
City Medicine Hat
County Medicine Hat
Province Alberta
Postal Code T1A 0C6

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Roof Membrane

Additional Information

Date Listed October 24th, 2024
Days on Market 8
Zoning MU-D
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeROYAL LEPAGE COMMUNITY REALTY

Listing Map