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Home AB Greater Medicine Hat Division No. 1 Medicine Hat South East Hills
640 3 Street SE
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640 3 Street SE $2,270,000
$2,270,000
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640 3 Street SE
Medicine Hat, Alberta T1A0H5

MLS® Number: A2265110

Listing Description

Prime Downtown Medicine Hat Office Building – Fully Renovated, Turnkey Investment OpportunityPresenting a rare opportunity to acquire a fully renovated, Brick/ICF Block office building in the heart of downtown Medicine Hat. This exceptional property is ideally suited for both strong commercial revenue generation and owner-occupied use, offering a flexible layout and premium upgrades designed for today’s business needs.Key Features & Upgrades:•41 Private Office Spaces – Versatile layouts to accommodate a range of professional tenants or business units•2 Boardrooms & Multiple Co-Working Spaces – Designed for collaboration, team meetings, and productivity•2 Modern Coffee/Lunch Areas – Outfitted with ice/water fridges, dishwashers, microwaves, sinks, and a state-of-the-art specialty coffee dispenser ($24,000 investment)•Reception, Waiting & Common Areas – Professional first impression for clients and guests•Fitness Room & Very Large Storage Areas – Added value for tenants and staff convenience•Rooftop Patio – Unique outdoor amenity for events, breaks, or networking•Advanced IT & Security Infrastructure:•Cat 6 wiring with electrical and fiber optic service throughout the building•Cabling for voice and data (Cat6 with Cat5 backup)•CCTV access systems and Salto locks on secure areas (front entrance, I.T./comms room, main boardroom)•Patch panel supporting 28 access points across 3 stories•Dedicated I.T./communications room with new electrical wiring•All office doors upgraded to master key accessibility•New Desks & Chairs Throughout – Move-in ready for immediate occupancy•Upgraded Flooring, Modern Windows & Metal Roof – Low-maintenance, energy-efficient, and built to last•Well-Maintained HVAC Units (all less than 10 years old) – Comfort and efficiency for all tenants•ICF Block & Brick Construction – Superior insulation, soundproofing, and durabilityInvestment Highlights:•Total building renovation completed with over $200,000 invested in 2024 in modern upgrades and amenities•Flexible zoning and layout support a variety of business types, co-working, or multi-tenant leasing strategies•Prime downtown location, walking distance to major amenities, parking, and public transit•Strong appeal for both investors seeking stable commercial income and business owners seeking a premium, centralized headquartersThis property represents a turnkey solution for investors or owner-occupiers looking for a modern, secure, and highly functional office environment in Medicine Hat’s thriving downtown core. (31269611)

Property Summary

Property Type
Office
Building Type
Offices
Community Name
SE Hill
Subdivision Name
SE Hill
Title
Freehold
Land Size
5850 sqft|4,051 - 7,250 sqft
Built in
1914
Annual Property Taxes
$21,008
Time on REALTOR.ca
59 days

Building

Building Features
Construction Material
Steel frame, ICF Block
Fire Protection
Full Sprinkler System
Total Buildings
1
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Brick

Measurements

Square Footage
14698 sqft
Total Finished Area
14698 sqft
Exterior Building Size
14698 sqft

Land

Lot Features
Frontage
13.72 m
Land Depth
39.62 m
Other Property Information
Zoning Description
MU-D
Data provided by: Pillar 9™
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JEN BOYLE