Medicine Hat Realtor® Murray Shivak
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403-878-9998

640 3 Street SE

eXp Realty

Currently Listed at $2,270,000

Description

Prime Downtown Medicine Hat Office Building – Fully Renovated, Turnkey Investment Opportunity
Presenting 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 durability
Investment Highlights:
• Total building renovation completed with over $200,000 invested in 2024 in modern 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 headquarters
This 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.

Property Listed by Jen Boyle of Cir Realty

Essential Information

MLS
A2265110
Price
$2,270,000
Lease / Buy
For Sale
Name
640 Professional Building
Lot Shape
Year Built
1914
Type
Office

Inclusions

Appliances and media fixtures to be finalized on a purchase contract

Construction

Heating
Forced Air,Natural Gas
Roof
Metal
Construction
Brick,ICFs (Insulated Concrete Forms),Metal Frame

Location

Murray Shivak

Murray Shivak

eXp Realty

(403) 878-9998

[email protected]

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Murray Shivak

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Murray Shivak

Residential, Agricultural and Commercial Real Estate

403-878-9998

[email protected]

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