pillar/IMG-A2288140_1.jpg
6 days on Market

517A North Railway St, Medicine Hat, Alberta T1A2Z5

Detached
2
2 + 1
~2424.00 sqft
$400,000
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Detached
2
2 + 1
~2424.00 sqft

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Highlights

Property Estimate

Days on market6 days

Estimated valueNot available

Price/Sqft$165/sqft

Monthly cost

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Description

Prepare to be captivated by this truly unique mixed-use property offering exceptional flexibility and diverse revenue opportunities! Zoned for Commercial/Residential use, this solid brick building features an updated 2-bedroom apartment upstairs, a wide open main floor retail or commercial space, and a full basement for added functionality. The upper level boasts 1212 sq ft of thoughtfully renovated living space, including a spacious kitchen with full appliance package, 4-piece bathroom, in-suite laundry, updated windows, and a newer skylight. High 9-foot ceilings and tall windows fill the suite with natural light, highlighting its timeless character and warmth. The main floor offers 1212 sq ft of wide open space with soaring 12-foot tin ceilings —perfect for retail, office, studio, or recreation. Previously operated as a successful appliance business, this area is ready for your vision, whether you lease it out or run your own business. Downstairs, a 1168 sq ft full basement provides ample room for a workshop, hobby room, or extensive storage. Step outside to enjoy a spacious two-tiered deck, ideal for relaxing or entertaining. Rear off-street parking accommodates multiple vehicles plus an RV. Recent updates include a resurfaced roof, modernized wiring, and plumbing. This exceptional property is move-in ready and offers the rare chance to live and work under one roof, generate rental income, or build your investment portfolio. Endless possibilities await the next proud owner!


Property Details

Style2 Storey
View-
Age of property1910
SqFt~2424.00 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2288140
Community NameNorth Flats
Data SourcePILLAR 9
Listing byGRASSROOTS REALTY GROUP

Features

Heating: Forced Air
Basement: Full,Partially Finished,Separate/Exterior Entry,Walk Up

Main Floor

Game Room

22`8" x 52`9"

2pc Bathroom


Features

Patio: Balcony(s),Deck,Patio

Parking

Garage spaces 4

Garage type -

Other parking spaces 0

Total parking spaces 4


Property listed by GRASSROOTS REALTY GROUP, Brokerage
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Market Data - North Flats

Geo Zone Map ThumbnailNorth Flats

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

14 days

Compared to

2025

41 days

2024

0 day

2023

110 days

New Listings

Past 30 days

3 listings

Compared to

2025

2 listings

2024

4 listings

2023

4 listings

Units sold

Past 30 days

2 units

Compared to

2025

2 units

2024

0 unit

2023

4 units

Median Sold Price

Past 30 days

$314,950

Compared to

2025

$295,000

2023

$164,000


Population and Demographics

Overview

Total population 2826
Average household income $89,295

Age (%)

0 to 19
22%
20 to 34
21%
35 to 49
20%
50 to 64
22%
65 and plus
15%

Household composition (%)

Single family
49%
Single person
44%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
53%
Renters
47%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget