About 578-580 3 Street Se
Prime Downtown Opportunity! Welcome to the RBC Building, a well maintained corner property in the heart of Medicine Hat’s historic downtown. Offering exceptional visibility and access, this mixed use zoned (MU-D) building provides endless possibilities for a wide range of businesses. Patrons will appreciate convenient elevator access(Inspected Annually and updated in 2014), while staff benefit from nearby employee parking located within one block. A sizable onsite parking lot (20 customer stalls & 8 assigned stalls) ensures client convenience. Known for its long standing presence and upkeep over the years, this property is an outstanding chance to secure a piece of downtown’s heritage while positioning your business for success. The building tenancies provide a good mix of professional tenants - Dental, Accounting, Health Care, Counselling. Mix of Fixed & Month to Month Leases - Anchor Tenant RBC Lease expires April 2031 - Current Cap Rate Approximately 6%
Features of 578-580 3 Street Se
| MLS® # | A2255281 |
|---|---|
| Price | $790,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1970 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 578-580 3 Street Se |
|---|---|
| Subdivision | SE Hill |
| City | Medicine Hat |
| County | Medicine Hat |
| Province | Alberta |
| Postal Code | T1A 0H3 |
Amenities
| Parking Spaces | 29 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Boiler, Forced Air, Hot Water, Natural Gas, Fan Coil |
|---|---|
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | No |
Exterior
| Roof | Tar/Gravel |
|---|---|
| Construction | Brick, Concrete |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | September 10th, 2025 |
|---|---|
| Days on Market | 45 |
| Zoning | MU-D |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | ROYAL LEPAGE COMMUNITY REALTY |
|---|