Nestled in the heart of Medicine Hat’s charming historic downtown, this property offers an excellent investment opportunity on a prime street. With high traffic and exceptional storefront visibility, this 3,000 SF mixed-use retail building at 570, 3 Street SE is fully leased to a popular pizza shop under a triple net (NNN) lease, ensuring stable income from a reliable tenant. This well-positioned asset is situated in a thriving area with strong long-term potential and boasts beautiful curb appeal. The historic downtown location adds a unique charm and character, attracting both locals and visitors. There is ample on-street parking for clients, a convenient drive-through pathway, and plenty of private parking spots in the rear. Additionally, the property features a large back area suitable for staff or additional client parking if needed.
Mls | A2178417 |
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Listing Type | For Sale |
Style | Commercial |
Subtype | Resale |
Status | Active |
Year | 1940 |
Days On Site | 29 |
Listing Provided By | Century 21 Bamber Realty LTD. | Jian Hui Ouyang |
Sq Feet | 3,000 |
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Zoning | MU-D |
State | AB |
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County | Medicine Hat |
City | Medicine Hat |
Zip Code | T1A0H3 |
Area | Medicine Hat |
Community Name | SE Hill |
Listing VS Median (in SE Hill) | |
Price: $338,000 low | high Med: $299,900 SqFt: 3,000 low | high Med: 3,380 $ / SqFt: $113 low | high Med: $89 On Site: 29 low | high Med: 257.000000 |