$12.00 3,748 Sq.ft

16 3 Street NE, Medicine Hat. T1A 5L8

Description

Well-Established Riverside Business for Lease! Opportunity awaits at this prime Riverside location! Available for lease is the building and land, along with a fully operational restaurant/pub space. The property offers 3,748 sqft of usable main floor space, which has been updated and renovated over the years, along with a full basement perfect for storage. The space features a fully equipped commercial kitchen, a 115-seat capacity, a pub area, and room for live entertainment, complete with a custom removable stage. This location has long been a local favorite, operating as a neighborhood pub since 1999. The building itself includes two sections: the lower building, built in 1979, and the neighboring side, originally constructed around 1936 with an addition in the mid-1980s. These buildings were combined with the distinctive interior archway that remains today. The kitchen underwent a major renovation in 2019, and both the dining and bar areas were updated between 2020 and 2021. The property enjoys a steady flow of local patrons, as well as visitors coming off the nearby 3rd Street highway exit. This is an exceptional opportunity for a restaurant or pub operator looking to tap into a loyal customer base in a prime Riverside location. Monthly leasing costs are $5059.80 plus utilities and maintenance. This is your chance to continue the legacy of a true neighborhood pub!

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2202251
City:Medicine Hat
Neighbourhood:Riverside
Province:Alberta
Building/Unit Size: 3,748 sq.ft
Land Size:0.00 Acre
Listing Price:$12.00
Lease Rate:$12.00 Annually
Business Type:
Property Subtype:Mixed Use
Transaction Type:For Lease
Land Use Code:
Listing Contract Date:2025-03-14

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX MEDALTA REAL ESTATE" listing brokerage.

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