640 3 Street Se Medicine Hat, Alberta T1A 0H5

14,698 ft2
Central Air Conditioning Forced Air

$2,270,000

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. (id:60626)

Property Details

MLS® Number A2265110
Property Type Office
Community Name SE Hill
Plan 1491
Total Buildings 1

Building

Constructed Date 1914
Construction Material Steel Frame, Icf Block
Cooling Type Central Air Conditioning
Exterior Finish Brick
Fire Protection Full Sprinkler System
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 14698 Sqft
Size Interior 14,698 Ft2
Total Finished Area 14698 Sqft
Type Offices

Land

Acreage No
Size Depth 39.62 M
Size Frontage 13.72 M
Size Irregular 5850.00
Size Total 5850 Sqft|4,051 - 7,250 Sqft
Size Total Text 5850 Sqft|4,051 - 7,250 Sqft
Zoning Description Mu-d

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