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1111 Kingsway Avenue SE, Medicine Hat, AB, T1A 2Y1

MLS® # A2168638
Commercial For Sale In South Flats, Medicine Hat, Alberta
$1,950,000
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
1111 Kingsway Avenue Se, Medicine Hat, AB
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ACTIVE
1111 Kingsway Avenue SE, Medicine Hat, AB, T1A 2Y1
$1,950,000

Property Information:

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.

Inclusions: None

Property Features:

  • Built in: 1979
  • Floor Space (approx): 16146.00 Square Feet
  • Lot Size: 25700.00 Square Feet
  • Zoning: MU

Courtesy of: AVISON YOUNG

Data provided by: Medicine Hat Real Estate Board Co-operative Ltd. 403 4th St. SE, Medicine Hat, Alberta T1A 0K5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 1111 Kingsway Avenue SE, Medicine Hat, AB, T1A 2Y1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Low

11 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 1111 Kingsway Avenue SE, experiences 7 hot days per year at around 33.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 37.6 degrees Celsius.

Projected Avg. Temperature

Past
33.5℃
2050
37.6℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

11 storms expected in 2050

13/100

Low

ClimateCheck®

Current data

This property, 1111 Kingsway Avenue SE, experiences 10 significant 2-day storms per year, with about 152.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 172.9mm of precipitation per year.

Precipitation Per Storm

Past
152.1mm
2050
172.9mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1111 Kingsway Avenue SE, Medicine Hat, AB, T1A 2Y1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,376.00

Average Number of Children

1.59

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.89 %

High school certificate or equivalent

32.69 %

Apprenticeship trade certificate/diploma

9.83 %

College/non-university certificate

22.23 %

University certificate (below bachelor)

0.28 %

University Degree

13.09 %

Commuter

Travel To Work

By Car

89.42 %

By Public Transit

2.13 %

By Walking

4.71 %

By Bicycle

1.42 %

By Other Methods

2.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

22.15 %

Houses

77.85 %

Own Vs. Rent

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