













































1/47216 S Railway Street SE, Medicine Hat, AB T1A2V3
$150,000 total
1,520 SF
Asset Class
Retail
Size
1,520 SF
Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
$99
Occupancy
99%
Year Built
1910
Welcome to River Bee Books, an established bookstore business offering a beautifully updated space filled with warmth, character, and timeless charm! Thoughtfully designed to create a welcoming experience, this unique space features multiple quiet reading areas, beautiful furnishings and charming details throughout. Two large storefront windows fill the space with natural light, while a dimmable lighting system allows you to create the perfect ambiance for any occasion. Two retail checkout counters, a secure automated storefront gate, and a convenient 2pc bathroom add to the functionality of this space. With an established clientele and all the essential furnishings and fixtures already in place, the next owner has the opportunity to step in and bring their own vision to life, with book inventory to be purchased separately. The inviting atmosphere and versatile layout also offer great potential for hosting events, gatherings, and special occasions. Ideally situated in the heart of downtown Medicine Hat, surrounded by local coffee shops, boutique stores, restaurants, and retailers, this fantastic location offers the opportunity to become part of the downtown community. Imagine welcoming customers to browse the shelves, discover their next favourite read, settle into a cozy reading nook, and get lost in a great book! Whether you've always dreamed of owning a bookstore or are searching for a unique business venture, River Bee Book Store offers an incredible opportunity to turn that dream into reality. Your next chapter starts here! Buyers must assign the current lease, expiring April 30, 2029. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$693
Projected NOI
$9K
Annual cash flow
$247
Cash-on-cash
0.55%
DSCR
1.03
Going-in cap
5.71%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 574 SF | 2030-04 |
| Vector Robotics | 400 SF | 2030-04 |
| Vector Robotics | 400 SF | 2030-04 |
| Vector Robotics | 400 SF | 2030-04 |
Trade area within 3 miles of the property.
Population
112,112
Households
39,628
Median income
$99,000
Median age
44.2
Daytime population
158,395
5-yr growth
8.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 216 S Railway Street SE, Medicine Hat.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.