934 16 Street Sw, Medicine Hat, T1A 8A4

NEWCommercial - Building For Sale

$325,000

Beds
Baths
2,405Sqft
1990Built
MLS® #: MH0180032
Active

Commercial Investment Opportunity - Free standing commercial building with additional adjacent lot (separately titled) for storage and parking. This 2405 Square foot building is divided between reception space and front office and a 1200 SF shop area with a bay door plus 450 square foot mezzanine for storage. Currently occupied with long term tenants (3 Years remaining on current lease, Expires Oct 2022), this is a fantastic opportunity to invest in commercial property. Lease Rates - $1850/Month until Oct 31 2020 - Rate will increase to $1900/Month from Nov 1 2020 until October 31, 2022, Tenant pays all utilities, Landlord is responsible for Property Taxes and Insurance. New roof installed April 2014 form Plato's Roofing, with 10 year warranty. Call for more information and/or to schedule a showing.

Essential Information

MLS® #: MH0180032
Price: $325,000
Bathrooms: 0.00
Square Footage: 2,405
Year Built: 1990
Type: Commercial
Sub-Type: Building
Status: Active

Community Information

Address: 934 16 Street Sw
Area: Medicine Hat City
City: Medicine Hat
County: Cypress County
State: AB
Zip Code: T1A 8A4

Amenities

Utilities: Service - Full

Interior

Heating: Furnace - Forced Air - 1, Natural Gas, Radiant, Rooftop

Exterior

Exterior: Concrete Block, Concrete
Lot Description: 50.00X125.00, Standard
Roof: Asphalt
Foundation: Slab

Additional Information

Zoning: I-B

Listing Details

Listing Courtesy of: : Royal LePage Community Realty

Financials

$/SqFt: $135

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The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Medicine Hat Real Estate Board. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Royal LePage Community Realty , are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright 2019 Medicine Hat Real Estate Board. All Rights Reserved.

Listing information last updated on November 11th, 2019 at 2:55pm CST.