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Home AB Greater Medicine Hat Medicine Hat South Flats
1111 Kingsway Avenue SE
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1111 Kingsway Avenue SE $1,950,000
$1,950,000
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1111 Kingsway Avenue SE
Medicine Hat, Alberta T1A2Y1

MLS® Number: A2168638

Listing 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. (29667214)

Property Summary

Property Type
Office
Building Type
Offices
Land Size
0.59 ac|21,780 - 32,669 sqft (1/2 - 3/4 ac)
Built in
1979
Annual Property Taxes
$52,068
Time on REALTOR.ca
45 days

Measurements

Square Footage
16146 sqft
Total Finished Area
16146 sqft
Exterior Building Size
16146 sqft

Land

Other Property Information
Zoning Description
MU
Data provided by: Pillar 9™
ADAM ANDREWS