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216 S Railway Street SE, Medicine Hat

SEHL, Medicine Hat

$150,000

About this property

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.

Essential information

MLS® number
A2357260
Status
Active
Price
$150,000
Property type
Commercial
Type
Business
Transaction
For Sale
Restrictions
None Known
Building area
1,670 sq ft
Year built
1910
Structure
Mixed Use
Listing brokerage
ROYAL LEPAGE COMMUNITY REALTY
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air, Natural Gas
Included
See Schedule A

Exterior and construction

Zoning
MU-D

Commercial

Business type
Books/Cards/Stationary

Community

Subdivision
SEHL
City
Medicine Hat
Province
AB
Postal code
T1A 2V3

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Business valuation calculator

SDE is what the business earns an owner who works in it — profit with the owner’s own pay, interest, depreciation and one-off costs added back. EBITDA leaves the owner’s pay in as a cost, because it assumes a manager does the job. Small businesses are usually priced on SDE and larger ones on EBITDA, and mixing them up is how a buyer overpays.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

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The deal

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MLS® data last updated Nov 9, 2026, 7:20 p.m. (Mountain Time).

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