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Home AB Greater Medicine Hat Division No. 1 Medicine Hat North Flats
339 North Railway Street SE
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339 North Railway Street SE $400,000
$400,000
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339 North Railway Street SE
Medicine Hat, Alberta T1A2Z1

MLS® Number: A2265357

Listing Description

Step into a rare opportunity with this urban gem—an iconic brick building blending old-world charm with modern upgrades, nestled in Medicine Hat’s vibrant North Railway District. Eligible for downtown incentives, this property is a standout for entrepreneurs and investors seeking both character and versatility.The main building’s classic brick façade is beautifully preserved, while extensive renovations deliver peace of mind and contemporary comfort. Most windows and doors have been updated, the chimney has been expertly rebuilt, and the furnaces and A/C systems are new or upgraded for year-round efficiency. Additional enhancements include updated flashing, eaves, security lighting, electrical and lighting upgrades, a modernized washroom in unit 1, drop ceiling update, paint in many spaces, a new security system, and a durable membrane roof.Flexible Potential: Mercantile-ready: The main space is ideal for retail, boutique, or creative ventures. Revenue Generation: Two separate, self-contained units offer excellent rental income potential.This property is a match for visionaries looking to invest in a prime location with growth on the horizon. Whether you’re expanding your business, launching a new venture, or seeking a live/work lifestyle, this urban masterpiece delivers flexibility, income, and a piece of local history.Don’t miss your chance to own a cornerstone in Medicine Hat’s most exciting district! Contact your real estate agent to discover what needs to be done to customize this property to meet your needs! (31271118)

Property Summary

Property Type
Other
Building Type
Commercial Mix
Community Name
River Flats
Subdivision Name
River Flats
Title
Freehold
Land Size
2946.57 sqft|0-4,050 sqft
Built in
1947
Annual Property Taxes
$4,625
Time on REALTOR.ca
59 days

Building

Building Features
Fire Protection
Smoke Detectors
Total Buildings
3
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)

Measurements

Square Footage
3655 sqft
Total Finished Area
3655 sqft
Exterior Building Size
3655 sqft

Land

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