578-580 3 Street SE
Medicine Hat T1A 0H3
MLS® Number: A2255281
$ 790,000
0
BEDROOMS
0 + 0
BATHROOMS
1970
YEAR BUILT
Prime Downtown Opportunity! Welcome to the RBC Building, a well maintained corner property in the heart of Medicine Hat’s historic downtown. Offering exceptional visibility and access, this mixed use zoned (MU-D) building provides endless possibilities for a wide range of businesses. Patrons will appreciate convenient elevator access(Inspected Annually and updated in 2014), while staff benefit from nearby employee parking located within one block. A sizable onsite parking lot (20 customer stalls & 8 assigned stalls) ensures client convenience. Known for its long standing presence and upkeep over the years, this property is an outstanding chance to secure a piece of downtown’s heritage while positioning your business for success. The building tenancies provide a good mix of professional tenants - Dental, Accounting, Health Care, Counselling. Mix of Fixed & Month to Month Leases - Anchor Tenant RBC Lease expires April 2031 - Current Cap Rate Approximately 6%
| COMMUNITY | SE Hill |
| PROPERTY TYPE | Mixed Use |
| BUILDING TYPE | Low Rise (2-4 stories) |
| STYLE | N/A |
| YEAR BUILT | 1970 |
| SQUARE FOOTAGE | 0 |
| BEDROOMS | 0 |
| BATHROOMS | 0 |
| BASEMENT | |
| AMENITIES | |
| APPLIANCES | |
| COOLING | Central Air |
| FIREPLACE | N/A |
| FLOORING | |
| HEATING | Boiler, Fan Coil, Forced Air, Hot Water, Natural Gas |
| LAUNDRY | |
| LOT FEATURES | |
| PARKING | |
| RESTRICTIONS | See Remarks |
| ROOF | Tar/Gravel |
| TITLE | |
| BROKER | ROYAL LEPAGE COMMUNITY REALTY |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|
