517A N Railway St SE - Storefront Retail/Residential FOR SALE


Medicine Hat, AB T1A 0V1
$355,000 CAD
403-458-3974
517A N Railway St SE, Medicine Hat, AB for Sale
$355,000 CAD
Storefront Retail/Residential - FOR SALE
1/45
null | Request Cap Rate

517A N Railway St SE
Medicine Hat, AB T1A 0V1


OVERVIEW

Prepare to be captivated by this truly unique mixed-use property offering exceptional flexibility and diverse revenue opportunities! Zoned for Commercial/Residential use, this solid brick building features an updated 2-bedroom apartment upstairs, a wide open main floor retail or commercial space, and a full basement for added functionality. The upper level boasts 1,184 sq ft of thoughtfully renovated living space, including a spacious kitchen with full appliance package, 4-piece bathroom, in-suite laundry, updated windows, and a newer skylight. High 9-foot ceilings and tall windows fill the suite with natural light, highlighting its timeless character and warmth. The main floor offers 1,130 sq ft of wide open space with soaring 12-foot tin ceilings —perfect for retail, office, studio, or recreation. Previously operated as a successful appliance business, this area is ready for your vision, whether you lease it out or run your own business. Downstairs, a 1,095 sq ft full basement provides ample room for a workshop, hobby room, or extensive storage. Step outside to enjoy a spacious two-tiered deck, ideal for relaxing or entertaining. Rear off-street parking accommodates multiple vehicles plus an RV. Recent updates include a resurfaced roof, modernized wiring, and plumbing. This exceptional property is move-in ready and offers the rare chance to live and work under one roof, generate rental income, or build your investment portfolio. Endless possibilities await the next proud owner!

FOR SALE DETAILS

PRICE

$355,000 CAD

PRICE/SF

$104 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,331 SF

ZONING

MU

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jennifer BoyleGrassroots Realty GroupMore Info
403-458-3974

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Jennifer BoyleGrassroots Realty GroupMore Info
403-458-3974

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.