1111 Kingsway AVE SE, Medicine Hat, AB T1A2Y1
1111 Kingsway AVE SE, Medicine Hat, AB T1A2Y1
1111 Kingsway AVE SE, Medicine Hat, AB T1A2Y1
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Sam Pond

Sam Pond

+1(403) 889-0913
$1,700,000
Est. payment /mo
16,146 SqFt
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 16,146 sqft

Price per Sqft $105

MLS Listing ID A2168638

Year Built 1979

Lot Size 0.590 Acres

Acres 0.59

Property Sub-Type Office

Property Description

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.

Location

Province AB

County 0217

Zoning MU

Direction SE

Interior

Inclusions None

Fireplace No

Exterior

Garage No

Building

Dwelling Type Mixed Use

Others

Restrictions None Known

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Listed by AVISON YOUNG

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Sam Pond

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+1(403) 889-0913

sam.pond@exprealty.com

Calgary, AB, CAN

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1111 Kingsway AVE SE

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