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.
Listing Brokerage: AVISON YOUNG
3678 Sq Ft space includes three offices and a bathroom upfront, tool room and wide open bay in rear. 16\' x 12\' Over Head Door.
Mezzanine for storage. Basic Rent - $4,444.25 + $222.21 GST= $4,666.46. Additional Rent - $5.84 PSF = $1,789.96 + $89.50 = $1,879.46. Total Monthly rent payment $6,545.92.
Investment property for Sale. Pawn Store Tenant pays Rent $2200 per month NNN This means that they pay the power Direct Billed + gas Direct Billed + water Direct Billed + Taxes $5246 / 12 =$437.17 per month +insurance. Est. $2000 / 12 =$166.67 +snow removal, garbage and landscaping. $26,400 of net income = 7.7% cap rate NNN. 13+ parking stalls in the front & 5 in the rear. LOT SIZE 15339.0 SQ FT. Zoning ND (Neighbourhood District).
Listing Brokerage: Century 21 Masters
Prime Commercial Opportunity on Corner Lot with High Traffic Exposure
Discover the potential of this versatile 1,200 sq. ft. single-story commercial building located on a prominent corner lot, offering excellent visibility and easy access. The property boasts a large open office space that can be customized for a variety of business uses, from retail to professional services. Each workspace is equipped with its own heating system, ensuring comfort throughout the year.
Key features include:
• Metal roof and siding for durability and low maintenance.
• A spacious garage with a convenient roll-up door, perfect for storage or operational needs.
• Single bathroom and practical layout to support day-to-day business operations.
• Ample extra parking for staff and clients, a rare find in high-traffic areas.
Zoned for commercial use, this property’s flexible design allows for endless possibilities. Whether you’re expanding your business or starting a new venture, this well-maintained building is ready to support your growth. Don’t miss out on this prime opportunity. Call for your private viewing!!
Investment Opportunity. The property features 8 tenants on triple net leases with attractive term balances. Tenant mix is street front retail with professional & personal service uses on the 2nd level. The Kelly Block is located in the busy commercial district of Tuxedo Park in central NW Calgary. The property is a 2-storey brick building constructed in 1912, blending historic appeal & modern functionality. It has undergone substantial renovations and is well maintained. The location offers visibility & easy access to major roads & public transportation. Qualified interested parties may receive access to a data room upon registration and signing of a confidentiality agreement.
Listing Brokerage: CDN Global Advisors Ltd.
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