River Flats
FOR SALE
$300,000
PURCHASE PRICE
339 North Railway Street SE, Medicine Hat · T1A 2Z1
MIXED USE · BUILT 1947
MLS A2322943 · 18 DAYS ON MARKET
Interested in this commercial property?
JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.
RE/MAX Complete Realty · Calgary
ABOUT THIS PROPERTY
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. 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! Contact your real estate agent to discover what needs to be done to customize this property to meet your needs!
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
BUILDING
- TYPE
- Mixed Use
- YEAR BUILT
- 1947
- ROOF
- Rubber
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 2,946
- LOT SIZE (ACRES)
- 0.07
- LOT
- Corner Lot
COMMUNITY
- COMMUNITY
- River Flats
- ZONING
- MU-D
- POSTAL CODE
- T1A 2Z1
UTILITIES & COSTS
- HEATING
- Forced Air · Natural Gas
- COOLING
- Central Air
- ANNUAL TAXES
- $5,727