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$ 99,900
Est. payment /mo
Active
620 Spencer Street SE Medicine Hat, AB T1A1Y7
1 Bed
1 Bath
800 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 800
Square Footage 800 sqft
Price per Sqft $124
Subdivision River Flats
MLS® Listing ID A2297010
Style Bungalow
Bedrooms 1
Year Built 1946
Lot Size 6,499 Sqft
Acres 6499.0
Property Sub-Type Freehold
Property Description
Versatile redevelopment opportunity in SE Medicine Hat! 620 Spencer Street SE offers a flexible site with MU (Mixed Use) zoning, presenting a wide range of possibilities for investors, developers, or entrepreneurs. The existing structure requires a substantial renovation, making this an ideal project for those looking to reimagine and add value through improvement or redevelopment. The heavy lifting of asbestos abatement has already been completed, giving buyers a clear path to redevelopment. Alternatively, the structure could be removed entirely to make way for a brand-new development tailored to your vision. A great opportunity to capitalize on a property with flexible zoning and strong future potential. With Mixed Use zoning, the property allows for a variety of permitted uses under the City of Medicine Hat Land Use Bylaw, including residential dwellings, home based businesses, professional or medical offices, retail or service based businesses, Day care facilities, studios, and other compatible commercial or mixed residential commercial developments. This flexibility creates an excellent opportunity to tailor the property to your specific vision—whether that be a live/work space, revenue generating investment, or a customized business location. A unique opportunity to unlock the full potential of a property with endless possibilities (see Ai genertated photo's for different visions) (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Extra Room 1 Main level 1.08 Ft x 1.08 Ft Bedroom
Extra Room 2 Main level 1.08 Ft x 1.08 Ft 4pc Bathroom
Interior
Cooling None
Flooring Other
Exterior
Parking Features No
Fence Partially fenced
View Y/N No
Attached Garage No
Total Parking Spaces 3
Garage No
Private Pool No
Building
Story 1
Architectural Style Bungalow
Others
Ownership Freehold
Listed by ROYAL LEPAGE COMMUNITY REALTY