NONE
FOR SALE
$1,700,000
PURCHASE PRICE
1111 Kingsway Avenue SE, Medicine Hat · T1A2Y1
OFFICE · BUILT 1979
MLS A2168638 · 653 DAYS ON MARKET
Interested in this commercial property?
JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.
RE/MAX Complete Realty · Calgary
ABOUT THIS PROPERTY
Quality investment opportunity in a high traffic commercial location. This 16,146 +/- SF professional complex offers premium visibility along Kingsway Avenue SE, one of Medicine Hat’s busiest corridors, with proximity to the downtown core and key retail districts. Anchored by established businesses such as Stantec, Dynamic Dance & Acrobatics, Encounter Chiropractic, and Sage & Willow Massage & Wellness, this investment includes a diversified tenant mix, ensuring stability and reduced vacancy risk. Almost fully leased, with the exception of two office suites and two co-work spaces, all tenants operate under a triple-net lease (excepting the co-work space), maximizing investor returns and minimizing landlord risk. Recent capital improvements include a modernized common area, washrooms, and kitchenette. Ample on-site parking provides significant value-add for tenants and their clientele, increasing the property’s competitive edge in the local market. This property is a well-positioned asset for investors seeking stable income with growth potential, backed by solid tenants and professional upgrades in a sought-after commercial location.
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
- LEASE MEASURE
- Square Feet
BUILDING
- TYPE
- Office
- YEAR BUILT
- 1979
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 25,700
- LOT SIZE (ACRES)
- 0.59
COMMUNITY
- COMMUNITY
- NONE
- ZONING
- MU
- POSTAL CODE
- T1A2Y1
UTILITIES & COSTS
- ANNUAL TAXES
- $52,068