Versatile redevelopment opportunity in SE Medicine Hat! 620 Spencer Street SE offers a flexible site with MU (Mixed Use) zoning, presenting a wide range of possibilities for investors, developers, or entrepreneurs. The existing structure requires a substantial renovation, making this an ideal project for those looking to reimagine and add value through improvement or redevelopment. The heavy lifting of asbestos abatement has already been completed, giving buyers a clear path to redevelopment. Alternatively, the structure could be removed entirely to make way for a brand-new development tailored to your vision. A great opportunity to capitalize on a property with flexible zoning and strong future potential. With Mixed Use zoning, the property allows for a variety of permitted uses under the City of Medicine Hat Land Use Bylaw, including residential dwellings, home based businesses, professional or medical offices, retail or service based businesses, Day care facilities, studios, and other compatible commercial or mixed residential commercial developments. This flexibility creates an excellent opportunity to tailor the property to your specific vision—whether that be a live/work space, revenue generating investment, or a customized business location. A unique opportunity to unlock the full potential of a property with endless possibilities (see Ai genertated photo's for different visions) (id:51989)
Features of 620 Spencer Street Se
- MLS® Number A2297010
- Price $99,900
- Bedrooms: 1
- Bathrooms: 1
- Square Footage: 800 sqft
- Property Type: House
- Community Name: River Flats
- Amenities Near By Shopping
- Features See Remarks
- Parking Space Total 3
- Plan 745m
- Structure None
Buildings
| Bathroom Total | 1 | Bedrooms Above Ground | 1 |
| Bedrooms Total | 1 | Appliances | None |
| Architectural Style | Bungalow | Basement Type | See Remarks |
| Constructed Date | 1946 | Construction Material | Wood Frame |
| Construction Style Attachment | Detached | Cooling Type | None |
| Exterior Finish | Stucco | Flooring Type | Other |
| Foundation Type | Poured Concrete | Stories Total | 1 |
| Size Interior | 800 Sqft | Total Finished Area | 800 Sqft |
| Type | House |
Parking
| Other |
Land
| Acreage | No | Fence Type | Partially Fenced |
| Land Amenities | Shopping | Size Depth | 39.62 M |
| Size Frontage | 15.24 M | Size Irregular | 6499.00 |
| Size Total | 6499 Sqft|4,051 - 7,250 Sqft | Size Total Text | 6499 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | Mu |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Bedroom | 1.08 Ft x 1.08 Ft | ||
| Main Level | 4pc Bathroom | 1.08 Ft x 1.08 Ft |
Agents and Offices
- MATT TEEL
- Office: Royal LePage Community Realty