Mixed-Use Investment Property

Medicine Hat, AlbertaProperty Features: ± 12,260 square foot entertainment/mixed-use building situated on 1.83 acre site with an additional ± 700 square foot building (former tourist information centre). Potential partnership opportunity for boutique long-term care redevelopment Prime Location: Situated parallel to Trans Canada Highway 1 with excellent visibility and quick access to Highway 1 and Highway 3 (Crowsnest). Commercial Zoning: Currently zoned Highway Commercial, offering flexible development potential and ideal for entertainment, hospitality, restaurant, hotel, long-term care, or retail uses. Building Overview: As the former City of Medicine Hat museum currently operating as a concert and event venue, this purpose-built, solid construction property is fully up to code with all renovations permitted and designed to accommodate an additional storey. Interior Features: Wheelchair accessible main floor. Elevator corridor roughed-in. Approved commercial kitchen with large walk-in cooler and extensive washroom facilities. Finished basement with additional rooms, kitchen & washrooms - many of these rooms are leased out on a month-to-month basis. Site Improvements: Heated, insulated garage with 12’ overhead door and loading dock. An entertainment patio was constructed in 2022 with 100-person capacity. Massive electrical capacity, boiler heating, the roof was replaced in 2019 - flat roof in good condition. Phase I Environmental report completed in 2006.