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South East Hills
502 South Railway Street SE
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502 South Railway Street SE $275,000
$275,000
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502 South Railway Street SE
Medicine Hat, Alberta T1A2V6

MLS® Number: A2205833

Listing Description

A Fantastic Investment Opportunity Awaits! Discover the potential of this free-standing downtown building, a property with a rich history as a restaurant and lounge. With its unique walk-out layout, this space offers incredible versatility, featuring two separate entrances for multi-use possibilities. Whether you're looking to invest in a property with endless potential or seeking a lease opportunity, this landmark is ready to inspire. The building has been largely stripped down to its bare bones, providing a blank slate for your vision. Highlights include: Parking options: Dedicated parking lot in front, ample on-street parking, and several nearby lots. Washrooms on all levels, ensuring convenience for any use. Basement: Equipped with washrooms, storage, and a utility room. Main floor: Former kitchen space (equipment removed but utility infrastructure intact), perfect for a restaurant or lounge setup, and a cozy seating area. Upper level: Features an iconic dance floor/stage, additional washrooms, an open area, and a separate entrance. While some work is needed to restore this local gem to its former glory, the possibilities are truly endless. Whether you're dreaming of a trendy restaurant, a vibrant entertainment venue, or a multi-use commercial space, this property can make it happen. Also available for lease! Contact your REALTOR® today to schedule a tour of this exciting opportunity and bring your vision to life. (30282619)

Property Summary

Property Type
Other
Building Type
Commercial Mix
Community Name
SE Hill
Subdivision Name
SE Hill
Land Size
694.54 m2|7,251 - 10,889 sqft
Built in
1920
Annual Property Taxes
$6,113
Time on REALTOR.ca
13 days

Building

Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)

Measurements

Square Footage
4234 sqft
Total Finished Area
4234 sqft
Exterior Building Size
4234 sqft

Land

Lot Features
Frontage
10.06 m
Land Depth
69.04 m
Other Property Information
Zoning Description
MU-D
Data provided by: Pillar 9™
403-458-3974
REALTOR® Website
Email
Book showing
CIR REALTY
411 North Railway Street SE
Medicine Hat, Alberta T1A2Z3
403-271-0600
Office Website
JEN BOYLE