517a North Railway Street Se, Medicine Hat

$400,000

2 Beds
2 Baths
2,424 Sqft
.07 Acres
4 Garages

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 1212 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 1212 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 1168 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!

Essential Information
MLS® #A2288140
Price$400,000
Bedrooms2
Bathrooms2.00
Full Baths1
Half Baths1
Square Footage2,424
Acres0.07
Year Built1910
TypeResidential
Sub-TypeDetached
Style2 Storey
StatusActive
Community Information
Address517a North Railway Street Se
SubdivisionRiver Flats
CityMedicine Hat
CountyMedicine Hat
ProvinceAlberta
Postal CodeT1A2Z5
Amenities
Parking Spaces4
ParkingOff Street, RV Access/Parking
# of Garages4
Interior
HeatingForced Air
CoolingNone
Has BasementYes
BasementFull
Interior Features

Crown Molding, High Ceilings, No Smoking Home, Open Floorplan, Separate Entrance, Skylight(s), Vinyl Windows

Appliances

Dishwasher, Dryer, Microwave Hood Fan, Refrigerator, Stove(s), Washer

Exterior
Lot DescriptionLandscaped
RoofAsphalt
ConstructionBrick
FoundationPoured Concrete
Exterior Features

Balcony, Private Entrance, Private Yard

Additional Information
ZoningMU-D
Listing Details
OfficeGRASSROOTS REALTY GROUP
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