Medicine Hat, AB T1A2Y1,1111 Kingsway AVE SE
Medicine Hat, AB T1A2Y1,1111 Kingsway AVE SE
Medicine Hat, AB T1A2Y1,1111 Kingsway AVE SE
Medicine Hat, AB T1A2Y1,1111 Kingsway AVE SE
Medicine Hat, AB T1A2Y1,1111 Kingsway AVE SE
Medicine Hat, AB T1A2Y1,1111 Kingsway AVE SE
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$ 1,950,000
Est. payment | /mo

0.59 Acres Lot


Save
$ 1,950,000
Est. payment | /mo
Save

0.59 Acres Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS® Listing ID A2168638

Originating Board Medicine Hat

Year Built 1979

Annual Tax Amount $52,068

Tax Year 2024

Lot Size 0.590 Acres

Acres 0.59

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 Medicine Hat

Zoning MU

Interior

Inclusions None

Others

Restrictions None Known

Tax ID 91633551

Ownership Private

Listed by AVISON YOUNG

GET MORE INFORMATION

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter