528/530 2 Street SE, Medicine Hat, Alberta

  • $239,900
528/530 2 Street SE, Medicine Hat, Alberta, T1A 0C6, Canada, Alberta, Medicine Hat
For Sale
528/530 2 Street SE, Medicine Hat, Alberta
528/530 2 Street SE, Medicine Hat, Alberta, T1A 0C6, Canada, Alberta, Medicine Hat
  • $239,900

Overview

Property ID: HZA2174713
  • Commercial
  • Property Type
  • 0
  • Bedroom
  • 0
  • Bathroom
  • 0
  • Garage
  • 1920
  • Year Built

Description

Welcome to an exceptional commercial property located in the vibrant heart of downtown, where opportunity and visibility come together seamlessly. This unique building is home to P.U.R.E Hair Revolution, a thriving hair salon with an established clientele and a stellar reputation. The salon currently leases one side of the property, adding both value and character to the space. On the other side, you’ll find a Pilates studio, further enhancing the dynamic and diverse atmosphere of the building. The property offers a range of features designed for tenant convenience and comfort. Two shared bathrooms serve both spaces, while expansive storefront windows flood the interiors with natural light, creating an inviting atmosphere. Central air conditioning ensures a pleasant environment year-round, and the building’s front and rear access points provide added flexibility for both tenants and clients. At the back of the property, there is an additional space measuring 30’9″ by 35’8″ still available for lease, offering even more potential for growth and income. Over the years, the building has seen several notable updates. In 2015, all windows and doors were replaced, enhancing both energy efficiency and curb appeal. In 2020, the lighting systems were upgraded with LED fixtures, contributing to lower energy costs and a modern aesthetic. Most recently, in 2024, a brand-new furnace was installed on the left side of the building, ensuring reliable heating for the tenants. The current lease agreements reflect the property’s value and appeal. P.U.R.E Hair Revolution pays $1020/month plus electrical, while the Pilates studio pays $1,300/month plus electrical under a new 1 year lease. Whether you’re looking to expand your business, add to your investment portfolio, or secure a prime location in the heart of the city, this property offers unmatched potential. Don’t miss your chance to capitalize on this exceptional opportunity—contact us today for more information or to schedule a private viewing!

  • Address 528/530 2 Street SE
  • City Medicine Hat
  • State/county Alberta
  • Zip/Postal Code T1A 0C6

Details

Updated on February 25, 2025 at 5:19 am
  • Property ID: HZA2174713
  • Price: $239,900
  • Bedroom: 0
  • Bathroom: 0
  • Garage: 0
  • Year Built: 1920
  • Property Type: Commercial
  • Property Status: For Sale

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