339 North Railway Street SE Medicine Hat, AB T1A2Z1

$400,000
0.07
Acres
3,655
SQFT
109
$/SQFT
$400,000
3,655   sf
$109 / sf
Favorite

active
1/50
Street View

Step into a rare opportunity with this urban gem—an iconic brick building blending old-world charm with modern upgrades, nestled in Medicine Hat’s vibrant North Railway District. Eligible for downtown incentives, this property is a standout for entrepreneurs and investors seeking both character and versatility.The main building’s classic brick façade is beautifully preserved, while extensive renovations deliver peace of mind and contemporary comfort. Most windows and doors have been updated, the chimney has been expertly rebuilt, and the furnaces and A/C systems are new or upgraded for year-round efficiency. Additional enhancements include updated flashing, eaves, security lighting, electrical and lighting upgrades, a modernized washroom in unit 1, drop ceiling update, paint in many spaces, a new security system, and a durable membrane roof.Flexible Potential: Mercantile-ready: The main space is ideal for retail, boutique, or creative ventures. Live/Work Possibility: The upstairs of the building has previously functioned as stylish residence to enjoy the ultimate work-life balance. Revenue Generation: Two separate, self-contained units offer excellent rental income potential.This property is a match for visionaries looking to invest in a prime location with growth on the horizon. Whether you’re expanding your business, launching a new venture, or seeking a live/work lifestyle, this urban masterpiece delivers flexibility, income, and a piece of local history.Don’t miss your chance to own a cornerstone in Medicine Hat’s most exciting district! (id:32750)

Step into a rare opportunity with this urban gem—an iconic brick building blending old-world charm with modern upgrades, nestled in Medicine Hat’s vibrant North Railway District. Eligible for downtown incentives, this property is a standout for entrepreneurs and investors seeking both character and versatility.The main building’s classic brick façade is beautifully preserved, while extensive renovations deliver peace of mind and contemporary comfort. Most windows and doors have been updated, the chimney has been expertly rebuilt, and the furnaces and A/C systems are new or upgraded for year-round efficiency. Additional enhancements include updated flashing, eaves, security lighting, electrical and lighting upgrades, a modernized washroom in unit 1, drop ceiling update, paint in many spaces, a new security system, and a durable membrane roof.Flexible Potential: Mercantile-ready: The main space is ideal for retail, boutique, or creative ventures. Live/Work Possibility: The upstairs of the building has previously functioned as stylish residence to enjoy the ultimate work-life balance. Revenue Generation: Two separate, self-contained units offer excellent rental income potential.This property is a match for visionaries looking to invest in a prime location with growth on the horizon. Whether you’re expanding your business, launching a new venture, or seeking a live/work lifestyle, this urban masterpiece delivers flexibility, income, and a piece of local history.Don’t miss your chance to own a cornerstone in Medicine Hat’s most exciting district! (id:32750)

  • Neighborhood
  • Type
  • Status
    Active
  • Listing #
    A2265357
  • Built
    1947
  • Lot Size
    0.07
  • Listed on site
    12 days

Listed by:
Cir Realty

Copyright 2020 by the REALTORS® Association of Edmonton. All Rights Reserved. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.
Click for Map
Smart Commute Planner
Add a destination

Property details

Community Features

  • No HOA

Waterfront

  • Water Access
Favorite

Tour This Home

Fri
31Oct
Sat
01Nov
Sun
02Nov
Mon
03Nov
Tue
04Nov
Wed
05Nov
Thu
06Nov
Fri
07Nov
Sat
08Nov
Sun
09Nov
Mon
10Nov
Tue
11Nov
Wed
12Nov
Thu
13Nov
in Person
via Video Call