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$ 2,270,000
Est. payment /mo
New
640 3 Street SE Medicine Hat, AB T1A0H5
14,698 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 14,698 sqft
Price per Sqft $154
Subdivision Se Hill
MLS® Listing ID A2265110
Year Built 1914
Lot Size 5,850 Sqft
Acres 5850.0
Property Sub-Type Freehold
Source Medicine Hat Real Estate Board Co-op
Property Description
Prime Downtown Medicine Hat Office Building – Fully Renovated, Turnkey Investment OpportunityPresenting a rare opportunity to acquire a fully renovated, Brick/ICF Block office building in the heart of downtown Medicine Hat. This exceptional property is ideally suited for both strong commercial revenue generation and owner-occupied use, offering a flexible layout and premium upgrades designed for today's business needs.Key Features & Upgrades:•41 Private Office Spaces – Versatile layouts to accommodate a range of professional tenants or business units•2 Boardrooms & Multiple Co-Working Spaces – Designed for collaboration, team meetings, and productivity•2 Modern Coffee/Lunch Areas – Outfitted with ice/water fridges, dishwashers, microwaves, sinks, and a state-of-the-art specialty coffee dispenser ($24,000 investment)•Reception, Waiting & Common Areas – Professional first impression for clients and guests•Fitness Room & Storage Areas – Added value for tenants and staff convenience•Rooftop Patio – Unique outdoor amenity for events, breaks, or networking•Advanced IT & Security Infrastructure:•Cat 6 wiring with electrical and fiber optic service throughout the building•Cabling for voice and data (Cat6 with Cat5 backup)•CCTV access systems and Salto locks on secure areas (front entrance, I.T./comms room, main boardroom)•Patch panel supporting 28 access points across 3 stories•Dedicated I.T./communications room with new electrical wiring•All office doors upgraded to master key accessibility•New Desks & Chairs Throughout – Move-in ready for immediate occupancy•Upgraded Flooring, Modern Windows & Metal Roof – Low-maintenance, energy-efficient, and built to last•Well-Maintained HVAC Units (all less than 10 years old) – Comfort and efficiency for all tenants•ICF Block & Brick Construction – Superior insulation, soundproofing, and durabilityInvestment Highlights:•Total building renovation completed with over $200,000 invested in 2024 in mo dern upgrades and amenities•Flexible zoning and layout support a variety of business types, co-working, or multi-tenant leasing strategies•Prime downtown location, walking distance to major amenities, parking, and public transit•Strong appeal for both investors seeking stable commercial income and business owners seeking a premium, centralized headquartersThis property represents a turnkey solution for investors or owner-occupiers looking for a modern, secure, and highly functional office environment in Medicine Hat's thriving downtown core. (id:24570)
Location
State AB
Rooms
Kitchen 0.0
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Parking Features No
View Y/N No
Private Pool No
Others
Ownership Freehold
Listed by CIR REALTY
