Property Details

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517A North Railway Street SE
Medicine Hat (A2288140)

$400,000
2
1+1
2,424 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 1212 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 1212 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 1168 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® #
A2288140
Property Type:
Residential
Subtype:
Detached
Subdivision:
River Flats
Price
$400,000
Sale/Lease:
For Sale
Size:
2,424 sq.ft.
Bedrooms:
2
Bathrooms:
1 full / 1 half
Year Built:
1910 (116 years old)

Building Info

Structure Type:
House
Building Style:
2 Storey
Garage:
No
Parking:
Off Street, RV Access/Parking
Fence:
Partial
Basement:
Full
Features:
Crown Molding, High Ceilings, No Smoking Home, Open Floorplan, Separate Entrance, Skylight(s), Vinyl Windows
Inclusions:
Fridge x 2, Stove x 2, OTR Microwave, Washer, Dryer, Window Coverings
Appliances:
Dishwasher, Dryer, Microwave Hood Fan, Refrigerator, Stove(s), Washer
Laundry:
In Kitchen
Exterior Features:
Balcony, Private Entrance, Private Yard
Patio/Porch Features:
Balcony(s), Deck, Patio

Neighborhood Info

Nearby Amenities:
Shopping Nearby

Lot / Land Info

Lot Size:
0.07 acres
Lot Features:
Landscaped
Zoning:
MU-D

Materials & Systems

Roof:
Asphalt
Exterior:
Brick
Floors:
Laminate, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Shopping Nearby

Listing Info

Possession:
90 Days / Neg
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Grassroots Realty Group Ltd.
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