601 2 Street SE, Medicine Hat

2026-07-09

601 2 Street SE, Medicine Hat, Alberta

6889 ft²
For Sale Other
$350,000

MLS®#A2326907

Unlock the potential of one of Downtown Medicine Hat's prominent historic properties. Built in 1913 and situated on one of the city's highest-profile corners, this landmark building offers exceptional exposure, outstanding traffic counts, and endless possibilities for redevelopment. The main floor features two separate commercial storefronts of approximately 1,550 and 1,750 square feet, each with large display windows that provide excellent visibility for retail, restaurant, office, or service-based businesses. Above, the second floor has already been gutted, creating a blank canvas ready to be transformed to suit your vision. Whether you're considering residential lofts, boutique short-term rental suites, professional offices, creative studio space, or a unique mixed-use development (subject to municipal approval), the opportunity is here to create something truly special. While the building requires significant renovation, opportunities like this are becoming increasingly rare. Its prime Downtown location, historic character, and flexible layout provide the foundation for an ambitious restoration or redevelopment project that could become a cornerstone of Medicine Hat's vibrant city centre. If you've been searching for a project with character, visibility, and exceptional upside, this is your chance to bring new life to a piece of local history. Please note, this property is to be subdivided, and the proposed lot will be 50x70 (listed property taxes would be adjusted accordingly after subdivision) (id:32467)

Building Other
Rooms
Bedrooms
Bathrooms 0
Square Footage 6889 ft²
Built in 1913
Parking Type
Neighbourhood Medicine Hat

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

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$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

Q.
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

Q.
What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q.
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.

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