Active Listing

517A North Railway Street SE

517A North Railway Street SE, Medicine Hat

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2Bedrooms
2.0Bathrooms
$400,000Price
2,424Sq Ft

Prepare to be captivated by this truly unique mixed-use property offering exceptional flexibility and diverse revenue opportunities.

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Prepare to be captivated by this truly unique mixed-use property offering exceptional flexibility and diverse revenue opportunities! Zoned for Commercial/Residential use, this solid brick building features an updated 2-bedroom apartment upstairs, a wide open main floor retail or commercial space, and a full basement for added functionality. The upper level boasts 1212 sq ft of thoughtfully renovated living space, including a spacious kitchen with full appliance package, 4-piece bathroom, in-suite laundry, updated windows, and a newer skylight. High 9-foot ceilings and tall windows fill the suite with natural light, highlighting its timeless character and warmth. The main floor offers 1212 sq ft of wide open space with soaring 12-foot tin ceilings —perfect for retail, office, studio, or recreation. Previously operated as a successful appliance business, this area is ready for your vision, whether you lease it out or run your own business. Downstairs, a 1168 sq ft full basement provides ample room for a workshop, hobby room, or extensive storage. Step outside to enjoy a spacious two-tiered deck, ideal for relaxing or entertaining. Rear off-street parking accommodates multiple vehicles plus an RV. Recent updates include a resurfaced roof, modernized wiring, and plumbing. This exceptional property is move-in ready and offers the rare chance to live and work under one roof, generate rental income, or build your investment portfolio. Endless possibilities await the next proud owner!

Refined Amenities

Curated features for a sophisticated lifestyle.

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Crown Molding

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High Ceilings

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No Smoking Home

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Open Floorplan

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Separate Entrance

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Skylight(s)

Specifications

Property Details

Property TypeResidential
Property SubtypeDetached
Style2 Storey
StructureHouse
Transaction TypeFor Sale
Bedrooms2
Full Bathrooms1
Half Bathrooms1
Living Area2,424 sq ft
Living Area (m²)225.0 m²
Lot Size3,005 sq ft
Lot Acres0.0700
Year Built1910
LevelsTwo
Garage Spaces4
Parking Total4
Parking FeaturesOff Street,RV Access/Parking
HeatingForced Air
CoolingNone
FlooringLaminate,Linoleum
AppliancesDishwasher,Dryer,Microwave Hood Fan,Refrigerator,Stove(s),Washer
Interior FeaturesCrown Molding,High Ceilings,No Smoking Home,Open Floorplan,Separate Entrance,Skylight(s),Vinyl Windows
LaundryIn Kitchen
BasementFull
Basement DevelopmentPartially Finished
Basement FeaturesSeparate/Exterior Entry,Walk Up
RoofAsphalt
ConstructionBrick
FoundationPoured Concrete
Exterior FeaturesBalcony,Private Entrance,Private Yard
FencingPartial
Patio / PorchBalcony(s),Deck,Patio
Lot FeaturesLandscaped
Price / Sq Ft$165.02
Annual Taxes$3,583 (2025)
ZoningMU-D
Possession90 Days / Neg
Occupant TypeOwner
Title / LandFee Simple
InclusionsFridge x 2, Stove x 2, OTR Microwave, Washer, Dryer, Window Coverings
ListedFebruary 22, 2026
NeighbourhoodRiver Flats
MLS NumberA2288140
The Location

River Flats

517A North Railway Street SE, Medicine Hat, Alberta, T1A2Z5

Shopping Nearby
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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 $3,583. 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 Active. MLS A2288140. Listed February 22, 2026. Listed by GRASSROOTS REALTY GROUP.

Interested in this property?

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

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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: March 17, 2026.