Homes for sale - 1137 & 1139 Kingsway AVE Southeast, Medicine Hat, ...

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Sam Pond

sam@sampond.ca +1(403) 889-0913

$850,000

Est. payment - /mo

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UPDATED:

01/02/2025 10:50 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision River Flats

MLS® Listing ID A2177784

Year Built 1955

Property Description

Welcome to 1137 & 1139 Kingsway Ave SE, with a bonus at 714 12th Street, ALL ON ONE TITLE!!! Such a rare opportunity to own a mixed-use property that combines commercial potential with residential convenience, located on a high-traffic street for maximum visibility. Previously used as an automotive service center, this property is perfectly equipped for a range of business ventures, thanks to its expansive layout, ample parking, and versatile spaces. WITH 2 CIVIC ADDRESSES AND SEPERATED UTILITIES, THIS BUILDING COULD BE DEMISED FOR 2 OR MORE BUSINESSES! The commercial property features an impressive 5,827 sq. ft. above grade, with a spacious main floor offering 4,557 sq. ft. that includes multiple shop bays, service areas, and workspaces. These are well-suited for automotive services or can be adapted to suit other business needs, such as retail, workshop, or office space. Additionally, the upper floor adds another 1,270 sq. ft. of storage and utility rooms, providing ample space for inventory, tools, or back-end operations. There is a total of 7 Overhead doors, ranging from 8x8 up to 12 x 12, providing endless occupancy opportunities. For the residential investment, you'll find an 812 sq. ft. living area that serves as a private sanctuary or potential income property. This comfortable residence includes a cozy living room, a well-equipped kitchen and dining area, two spacious bedrooms, and a full bathroom. The 786 sq. ft. lower floor offers additional storage, a family room, laundry/utility area, and even more flexibility for any residential revenue or owner occupied needs! With separate entrances and thoughtful layout, the residential unit is ideal for rental income or for business owners looking for convenient on-site living. A key highlight of this property is the convenience of off-street parking, providing easy access for both customers and residents. With plenty of parking space, you can accommodate your clients' needs without congestion, making it ideal for a customer-facing business. The combination of commercial and residential spaces offers a unique investment opportunity with multiple income streams, whether through the on-site residence, business operation, or potential rental options. Located in a thriving area of SE Kingsway, this property is designed for the ambitious entrepreneur or investor seeking maximum versatility and potential. Explore the endless possibilities at 1137 + 1139 Kingsway Ave SE and envision your business or investment future in this one-of-a-kind property!

Location

Province AB

County Medicine Hat

Zoning MU

Interior

Heating Make-up Air, Forced Air, Natural Gas

Cooling Central Air

Inclusions Residential - fridge, stove Commercial 12000 lb hoist, compressor, power lift

Exterior

Roof Type Flat Torch Membrane,Asphalt Shingle,Tar/Gravel

Lot Frontage 100.0

Total Parking Spaces 13

Building

Lot Description Low Maintenance Landscape, Near Shopping Center, Level, Near Public Transit

Dwelling Type Mixed Use

Foundation See Remarks

Others

Restrictions None Known

Tax ID 91633552

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Listed by CIR REALTY

"Interested in this home? Or similar properties to this one? Reach out, let's talk about the next step."

+1(403) 889-0913

sam@sampond.ca

Calgary, AB, CAN

1137 & 1139 Kingsway AVE Southeast Medicine Hat, AB T1A2Y1