JN REAL ESTATE GROUP

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

LISTING COURTESY OF ADAM ANDREWS · AVISON YOUNG

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.