We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
640 3 Street SE, Medicine Hat
2025-10-17
Quick Summary
- Location
- 640 3 Street SE, Medicine Hat, Alberta T1A0H5
- Price
- $2,270,000
- Status:
- For Sale
- Property Type:
- Office
- Area:
- 14698 sqft
- Year of Construction:
- 1914
MLS®#A2265110
Property Description
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 & 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 mo dern 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:32467)
Property Features
Building
- Cooling Type: Central air conditioning
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 14698 sqft
- Building Type: Offices
Land
- Land Size: 5850 sqft|4,051 - 7,250 sqft
Ownership
- Type: Freehold
Zoning
- Description: MU-D
Information entered by CIR REALTY
Listing information last updated on: 2025-10-17 21:30:36
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How much could you save in commission selling with One Percent Realty?
Slide to select your home's price:
$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
Yes, and yes.
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