401 7 Street Sw, Medicine Hat, Alberta

About 401 7 Street Sw

An excellent opportunity to own the corner commercial building with the anchored tenant in a steady rental income in this high traffic location in SW Hill- Medicine Hat , close to hospital , schools, transportation , easy off to the highway No. 1 . Lot size 50' by 125' with ample of the parking stalls in front the building . One side of the building is currently leased to the long term tenant , leased total area (approx. 2500 Sqft main floor, PLUS approx. 1000 sqft developed basement ), till July 31, 2028 with the option to renew for another 5 years. The other side of the building currently is vacant (approx. 2160 Sqft), with mezzanine/office (approx 700 sqft) and basement for additional storage area. This vacant side used to be an medical foot clinic , has 4 exam rooms, office, reception area, kitchen, bathroom, laboratory . It can be used any type of business --offices , dentist, lawyer firm, accountant, medical doctors, real estate , and more ... Roof has the updated rubber membrane and the roof top furnace/air-conditioning unit few years ago. please do not approach the tenant/any staffs. (id:36535)

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