Property Details

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Featured in:

Winners:

517A North Railway Street SE
Medicine Hat (A2287962)

$400,000
2,295 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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!

Property details

Basic Info

MLS® #
A2287962
Property Type:
Commercial
Subtype:
Mixed Use
Subdivision:
River Flats
Price
$400,000
Sale/Lease:
For Sale
Size:
2,295 sq.ft.
Year Built:
1910 (116 years old)

Building Info

Structure Type:
Mixed Use
Garage:
No
Fence:
Basement:
No
Inclusions:
Stove (upper floor), Dishwasher, Fridge (upper floor), OTR Microwave, Washer, Dryer, Window Coverings, fridge main floor, stove main floor (All appliances as is)

Lot / Land Info

Lot Size:
0.07 acres
Lot Features:
Back Lane, Low Maintenance Landscape, Near Public Transit, Near Shopping Center
Zoning:
MU-D

Materials & Systems

Roof:
Asphalt
Exterior:
Brick,Wood Frame
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas

Listing Info

Possession:
90 Days / Neg
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Grassroots Realty Group Ltd.
1-833-477-6687

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