16 3 Street Ne, Medicine Hat, Alberta T1A 5L8

Listed for:
$625,000
0 beds
0 baths
Listed 131 days ago
Commercial Mix for rent: 16 3 Street Ne, Medicine Hat, Alberta T1A 5L8

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Listing provided by:
RE/MAX MEDALTA REAL ESTATE
MLS® number:
A2090981
Agent:
Devon Felesky
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About

Well established Riverside business for sale!!! Included in the price is the business, building, & land!!! Currently operating as restaurant/pub this great Riverside location offers 3748 sqft of usable main floor space that has seen many renos over the years, as well as a full basement perfect for storage. A full updated commercial kitchen, 115 seating capacity, pub area, and space for local bands with a custom removable stage and entertainment make this business established as a local favourite. The current building has operated as a neighborhood pub since late 1999. The current owner purchased the property in early 2016 and has remained the operator since. The lower building was built in 1979 while the neighbouring side was first built around 1936 with an addition sometime in the mid 1980s. The two buildings were combined during this time as well with the interior archway you see today. The kitchen saw a major renovation in the summer of 2019 while the dining area and bar area were renovated in 2020 into 2021. The business enjoys serving a healthy amount of locals as well as tourists coming in off the 3rd Street highway exit. This is a TRUE NEIGHBOURHOOD PUB! (id:27476)

Property Highlights

Type
Commercial Mix
Cooling type
Heating fuel
Fireplace
No
Construction material
Parking space
Ownership Type
Amenities nearby

Location

Summary

For sale is a well-established business in Riverside, which includes the business itself, the building, and the land it sits on. The property is currently being used as a restaurant/pub and offers 3748 sqft of usable main floor space, with a full basement for storage. The main floor has undergone several renovations over the years and features a fully updated commercial kitchen, a pub area, and space for local bands, complete with a custom removable stage and entertainment area. With a seating capacity of 115, this business has become a local favorite in the area.

The building has been operating as a neighborhood pub since late 1999, and the current owner acquired the property in early 2016 and has been running the business since then. The main building was constructed in 1979, while the neighboring side was initially built around 1936 with an addition in the mid-1980s. The two buildings were combined during this time, resulting in the interior archway that exists today. The kitchen underwent a major renovation in the summer of 2019, and the dining and bar areas were renovated from 2020 to 2021.

This business has a strong customer base, serving both locals and tourists who come in from the 3rd Street highway exit. It is truly a neighborhood pub, catering to the community and beyond. The property is located at 16 3 Street NE in Medicine Hat, Alberta, with a postal code of T1A5L8. It is situated in the Riverside community and is classified as a Commercial Mix property.