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Medicine Hat,AB T1A 0H3
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Se Hill
MLS Listing ID A2255281
Year Built 1970
Annual Tax Amount $39,680
Tax Year 2025
Property Sub-Type Mixed Use
Source Medicine Hat
Property Description
Prime Downtown Opportunity! Welcome to the RBC Building, a well maintained corner property in the heart of Medicine Hat's historic downtown. Offering exceptional visibility and access, this mixed use zoned (MU-D) building provides endless possibilities for a wide range of businesses. Patrons will appreciate convenient elevator access(Inspected Annually and updated in 2014), while staff benefit from nearby employee parking located within one block. A sizable onsite parking lot (20 customer stalls & 8 assigned stalls) ensures client convenience. Known for its long standing presence and upkeep over the years, this property is an outstanding chance to secure a piece of downtown's heritage while positioning your business for success. The building tenancies provide a good mix of professional tenants - Dental, Accounting, Health Care, Counselling. Mix of Fixed & Month to Month Leases - Anchor Tenant RBC Lease expires April 2031 - Current Cap Rate Approximately 6%
Location
Province AB
County Medicine Hat
Zoning MU-D
Interior
Heating Boiler,Fan Coil,Forced Air,Hot Water,Natural Gas
Cooling Central Air
Exterior
Roof Type Tar/Gravel
Lot Frontage 118.99
Total Parking Spaces 29
Building
Foundation Poured Concrete
Structure Type Brick,Concrete
Others
Restrictions See Remarks
Tax ID 102723459
Ownership Other