28 3 Street NE
Pending Listing

28 3 Street NE

28 3 Street NE, Medicine Hat

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$1,150,000Price
5,428Sq Ft

Excellent opportunity to own a well-maintained commercial property in the heart of Riverside.

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Excellent opportunity to own a well-maintained commercial property in the heart of Riverside. This one-storey concrete block building offers a total of 5,428 sq ft and is situated on an 8,040 sq ft lot with 67 feet of frontage along 3rd Street NE. The property is demised into two separate bays: a 2,000 sq ft bay currently available for lease, and a 3,428 sq ft bay occupied by Riverside Medical Clinic. The building has undergone numerous renovations, including a 1,428 sq ft addition in 2010, and features quality finishes throughout. Ideal for investors or owner-occupiers, this property provides immediate rental income from the established medical tenant, with the flexibility to lease out or occupy the vacant bay. The site includes off-street private parking for staff and ample on-street parking for clients and visitors. Located in a mature, mixed-use area with stable property values and low vacancy rates, the property is surrounded by established businesses, residential communities, and community amenities. This is a turn-key opportunity in exceptional condition with no outstanding maintenance. Suitable for a variety of commercial uses, with strong potential for additional revenue or owner-occupied business operations.

Specifications

Property Details

Property TypeCommercial
Property SubtypeMixed Use
StructureMixed Use
Transaction TypeFor Sale
Living Area5,428 sq ft
Building Area5,428 sq ft
Lot Size8,040 sq ft
Lot Acres0.1800
Year Built1961
Parking Total6
HeatingForced Air,Natural Gas
CoolingCentral Air
RoofMembrane,Rubber
FoundationSlab
Lot FeaturesNear Public Transit,Near Shopping Center
Annual Taxes$18,941 (2025)
Tax Assessment$925,000
ZoningC-N
PossessionImmediate,Other/See Remarks,Subject To Tenancy
Occupant TypeTenant
Title / LandFee Simple
Days on Market38
ListedFebruary 23, 2026
NeighbourhoodRiverside
MLS NumberA2287936
The Location

Riverside

28 3 Street NE, Medicine Hat, Alberta, T1A5L8

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Your Luxury Real Estate Specialist

Inquiries & Private Showings

Spencer Rivers

Calgary luxury real estate specialist. Whether you are looking to buy, sell, or simply want more information about this property, I am here to help.

Listing courtesy of GRASSROOTS REALTY GROUP.

Listing Information

What are the annual property taxes?expand_more
The property taxes for 2025 are $18,941. Contact Spencer Rivers for the most recent assessment documents.
Is a private viewing available?expand_more
Yes, private viewings are available by appointment. Contact Spencer Rivers at 403-966-9237 or visit our contact page to schedule a showing.
What is the listing status?expand_more
This property is currently Pending. MLS A2287936. Listed February 23, 2026. Listed by GRASSROOTS REALTY GROUP.

Ask About This Property

Get in touch with Spencer Rivers for a private showing, detailed floor plans, or more information about this listing.

The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board (CREB). The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Data last updated: April 9, 2026.