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740 Gershaw Drive SW, Medicine Hat, AB, T1A 5C8

MLS® # A2170413
Commercial For Sale In SW Hill Kensington, Medicine Hat, Alberta
$499,000
740 Gershaw Drive Sw, Medicine Hat, AB
740 Gershaw Drive Sw, Medicine Hat, AB
740 Gershaw Drive Sw, Medicine Hat, AB
740 Gershaw Drive Sw, Medicine Hat, AB
740 Gershaw Drive Sw, Medicine Hat, AB
740 Gershaw Drive Sw, Medicine Hat, AB
  • Advertising
ACTIVE
740 Gershaw Drive SW, Medicine Hat, AB, T1A 5C8
$499,000

Property Information:

Prime investment opportunity! This retail building, previously home to a convenience store, is set on a large lot in a highly visible, high-traffic location, making it ideal for various retail businesses. The property features a versatile showroom with a sales counter, ample storage space, and flexible C-H zoning. Potential uses include gas station, financial institution, health care offices, professional offices, restaurant with drive-thru services, and other retail or consumer services. Perfect for entrepreneurs and developers seeking a promising site for future growth.

Inclusions: N/A

Property Features:

  • Built in: 1957
  • Floor Space (approx): 1630.00 Square Feet
  • Zoning: C-H

Courtesy of: Century 21 Bravo Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
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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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 740 Gershaw Drive SW, Medicine Hat, AB, T1A 5C8

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, 740 Gershaw Drive SW, 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, 740 Gershaw Drive SW, 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 740 Gershaw Drive SW, Medicine Hat, AB, T1A 5C8

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$93,423.98

Average Number of Children

2.02

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.1 %

High school certificate or equivalent

35.89 %

Apprenticeship trade certificate/diploma

11.06 %

College/non-university certificate

20.2 %

University Degree

15.75 %

Commuter

Travel To Work

By Car

77.82 %

By Public Transit

1.65 %

By Walking

19.42 %

By Bicycle

1.11 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

44.89 %

Houses

55.11 %

Own Vs. Rent

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