The property is located on the service road that is parallel to Transcanada Hwy (Hwy 1) in the light industrial area of Medicine Hat at 638 14 St SW. It is Zoned Hwy Commercial. It has great visibility from Hwy 1 and easy access to Hwy 1 and Crowsnest Hwy (Hwy 3). It is a great building for a concert venue, restaurant, bar, franchise hospitality venue, hotel, long term care facility ,a strip mall, etc. The zoning already facilitates this kind of development. The main building is currently being used as a concert & event venue, with 2 interior open areas. It's original use was the City of Medicine Hat's museum, so it was built extremely well, in stages, with grant money. It was built in stages from the 1960's onward and brought completely up to code in April of 2006. All renovations have been done with approved building permits. Structurally, the building is built to add another story. The building main level is completely wheelchair accessible and a dedicated elevator corridor is roughed-in. There is an ample, approved kitchen on the main level with a large walk-in cooler. To facilitate the 749 person occupancy of the building, there is a plethora of washrooms. There is a large heated and insulated attached garage with a 12 ft high, industrial overhead garage door, a man door and a ground level, exterior loading dock. The building has approx. 12,260 sq. ft of space in 2 rooms. Our private 1.83 acre property has 2 paved parking lots (one in the front, one in the back) and can accommodate 115 cars. There is also plenty of ‘off site’ parking on the surrounding streets. The asphalt shingle roof was replaced in August 2019 and the flat roof is tar & gravel in good shape. There is also a nicely finished, below ground basement, divided into large rooms that are currently rented out on a month to month basis. There is also a small kitchen and bathrooms in the basement. In 2022, an entertainment patio was added to the West side of the building, with a capacity of 100 persons. It is heated with boilers and the electrical capacity in the building is massive. All of the mechanical systems are routinely maintained by a professional mechanical company. There is also another 700 sq ft building on the property at the entrance to the property, that was previously used as a Tourist Information Center. This small building has one bathroom and one roughed-in bathroom. It is currently leased for 2+3yr extension. There is also a possible partnership available to develop the main building into a boutique-style, Long Term Care facility. The overall property is Zoned Hwy Commercial. The city airport is approximately 2-3 miles to the West. A Phase I Environmental study was done at original purchase, February 2006.