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550c Allowance Avenue Se Medicine Hat, Alberta T1A 3C3

2318 sqft
Central Air Conditioning Forced Air

$199,900

Price Reduced! Great Investment opportunity! 2300 Square foot commercial building with long standing tenant and lease in place until November 2026. There is 500 square feet of space in the building currently vacant and actively for lease, but could also be a perfect space to start up a small business. Vacant space has previously been approved for a liquor store, and was previously a laundromat. Asking price includes brand new updated security system installed with cameras, 2 updated air conditioning units, 2xforced air furnaces, low maintenance stucco exterior, rolled asphalt roof inspected and repaired where necessary in 2016. Basement includes 3 additional rooms + bathroom and storage areas that can be rented for additional revenue . Great potential with this property and could be nice addition to an investors portfolio. Please contact listing agent for more details on the revenues and expenses of the property as well as the land use bylaws for the vacant space. (id:49443)

Property Details

MLS® Number A1174480
Property Type Other
Community Name River Flats
Plan 58552

Building

Basement Type Unknown
Constructed Date 1946
Cooling Type Central Air Conditioning
Exterior Finish Stucco
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 2318 Sqft
Size Interior 2318 Sqft
Total Finished Area 2318 Sqft
Type Residential Commercial Mix

Land

Acreage No
Size Total Text Unknown
Zoning Description C-n

https://www.realtor.ca/real-estate/23966891/550c-allowance-avenue-se-medicine-hat-river-flats