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Home AB Greater Medicine Hat Medicine Hat South East Hills
528/530 2 Street SE
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528/530 2 Street SE $239,900
$239,900
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528/530 2 Street SE
Medicine Hat, Alberta T1A0C6

MLS® Number: A2174713

Listing Description

Welcome to an exceptional commercial property located in the vibrant heart of downtown, where opportunity and visibility come together seamlessly. This unique building is home to P.U.R.E Hair Revolution, a thriving hair salon with an established clientele and a stellar reputation. The salon currently leases one side of the property, adding both value and character to the space. On the other side, you’ll find a Pilates studio, further enhancing the dynamic and diverse atmosphere of the building. The property offers a range of features designed for tenant convenience and comfort. Two shared bathrooms serve both spaces, while expansive storefront windows flood the interiors with natural light, creating an inviting atmosphere. Central air conditioning ensures a pleasant environment year-round, and the building’s front and rear access points provide added flexibility for both tenants and clients. At the back of the property, there is an additional space measuring 30'9" by 35'8" still available for lease, offering even more potential for growth and income. Over the years, the building has seen several notable updates. In 2015, all windows and doors were replaced, enhancing both energy efficiency and curb appeal. In 2020, the lighting systems were upgraded with LED fixtures, contributing to lower energy costs and a modern aesthetic. The current lease agreements reflect the property’s value and appeal. P.U.R.E Hair Revolution pays $1020/month plus electrical, while the Pilates studio pays $1,300/month plus electrical under a new 1 year lease. Whether you’re looking to expand your business, add to your investment portfolio, or secure a prime location in the heart of the city, this property offers unmatched potential. Don’t miss your chance to capitalize on this exceptional opportunity—contact us today for more information or to schedule a private viewing! (29753400)

Property Summary

Property Type
Other
Building Type
Commercial Mix
Community Name
SE Hill
Subdivision Name
SE Hill
Land Size
Unknown
Built in
1920
Annual Property Taxes
$4,212
Total Parking Spaces
4
Time on REALTOR.ca
159 days

Building

Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Parking
Total Parking Spaces
4

Measurements

Square Footage
3562 sqft
Total Finished Area
3562 sqft
Exterior Building Size
3562 sqft

Land

Other Property Information
Zoning Description
MU-D
Data provided by: Pillar 9™
FRANK DEVINE