Prepare to be captivated by this truly unique mixed-use property offering exceptional flexibility and diverse revenue opportunities! Zoned for Commercial/Residential use, this solid brick building features an updated 2-bedroom apartment upstairs, a wide open main floor retail or commercial space, and a full basement for added functionality.
The upper level boasts 1,184 sq ft of thoughtfully renovated living space, including a spacious kitchen with full appliance package, 4-piece bathroom, in-suite laundry, updated windows, and a newer skylight. High 9-foot ceilings and tall windows fill the suite with natural light, highlighting its timeless character and warmth.
The main floor offers 1,130 sq ft of wide open space with soaring 12-foot tin ceilings —perfect for retail, office, studio, or recreation. Previously operated as a successful appliance business, this area is ready for your vision, whether you lease it out or run your own business.
Downstairs, a 1,095 sq ft full basement provides ample room for a workshop, hobby room, or extensive storage. Step outside to enjoy a spacious two-tiered deck, ideal for relaxing or entertaining. Rear off-street parking accommodates multiple vehicles plus an RV.
Recent updates include a resurfaced roof, modernized wiring, and plumbing. This exceptional property is move-in ready and offers the rare chance to live and work under one roof, generate rental income, or build your investment portfolio. Endless possibilities await the next proud owner!
Address
517A North Railway Street SE
List Price
$400,000
Property Type
Commercial
Type of Dwelling
Mixed Use
Transaction Type
Sale
Area
Medicine Hat
Sub-Area
River Flats
Lot Size
3000 Sq. Ft.
Year Built
1910
MLS® Number
A2287962
Listing Brokerage
GRASSROOTS REALTY GROUP
Postal Code
T1A2Z5
Zoning
MU-D
Site Influences
Back Lane, Low Maintenance Landscape, Near Shopping Center, Near Public Transit