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401 7 Street Sw Medicine Hat, Alberta T1A 4K4

5360 sqft

$619,900

An excellent opportunity to own the corner commercial building with the anchored tenant in a steady rental income in this high traffic location in SW Hill- Medicine Hat , close to hospital , schools, transportation , easy off to the highway No. 1 . Lot size 50' by 125' with ample of the parking stalls in front the building . One side of the building is currently leased to the long term tenant , leased total area (approx. 2500 Sqft main floor, PLUS approx. 1000 sqft developed basement ), till July 31, 2028 with the option to renew for another 5 years. The other side of the building currently is vacant (approx. 2160 Sqft), with mezzanine/office (approx 700 sqft) and basement for additional storage area. This vacant side used to be an medical foot clinic , has 4 exam rooms, office, reception area, kitchen, bathroom, laboratory . It can be used any type of business --offices , dentist, lawyer firm, accountant, medical doctors, real estate , and more ... Roof has the updated rubber membrane and the roof top furnace/air-conditioning unit few years ago. please do not approach the tenant/any staffs. (id:49443)

Business

Business Type Other, Other, Personal Services
Business Sub Type Professional office(s), Mixed - IC&I, Health Centre

Property Details

MLS® Number A2141032
Property Type Office
Community Name SW Hill
Features See Remarks, Back Lane, Lane, Level
Plan 4349gs
Road Type Paved Road

Building

Constructed Date 1953
Size Exterior 5360 Sqft
Size Interior 5360 Sqft
Total Finished Area 5360 Sqft
Type Offices

Land

Acreage No
Size Depth 38.1 M
Size Frontage 15.24 M
Size Total Text Unknown
Zoning Description Mu

https://www.realtor.ca/real-estate/27163241/401-7-street-sw-medicine-hat-sw-hill