About 1111 Kingsway Avenue Se
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.
Features of 1111 Kingsway Avenue Se
MLS® # | A2168638 |
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Price | $1,950,000 |
Bathrooms | 0.00 |
Acres | 0.59 |
Year Built | 1979 |
Type | Commercial |
Sub-Type | Office |
Status | Active |
Community Information
Address | 1111 Kingsway Avenue Se |
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Subdivision | NONE |
City | Medicine Hat |
County | Medicine Hat |
Province | Alberta |
Postal Code | T1A2Y1 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Fireplace | No |
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Has Basement | No |
Additional Information
Date Listed | September 25th, 2024 |
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Days on Market | 24 |
Zoning | MU |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | AVISON YOUNG |
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