JN REAL ESTATE GROUP

NONE

LIST PRICE

$1,700,000

1111 Kingsway Avenue SE, Medicine Hat · T1A2Y1

BUILT 1979

MLS A2168638 · 653 DAYS ON MARKET

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RE/MAX Complete Realty · Calgary

What this home — and yours — is really worth right now.

ABOUT THIS HOME

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

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.