16,146 ft²Office$1,700,000Sale
16,146 ft²
Office
$1,700,000
Sale
Adam Andrews
Avison Young
The Space
Asking Price$1,700,000
Available Space16,146 ft²
MLS® IDA2168638
ZoningMU
Year Built1979
SourceMedicine Hat
The Building - The Monarch Building
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.
Property TypeOffice
Building Size16,146 ft²
Lot Size0.59 AC
MLS® IDA2168638
ZoningMU
Year Built1979
The data included on this listing is deemed to be reliable, but is not guaranteed to be accurate by Pillar 9™
Additional Listings at 1111 Kingsway Avenue Southeast, Medicine Hat, AB
Type
Suite
Price
Size
Space Type
Lease
101
Contact for pricing
3,712 ft²
Office
Lease
210
Contact for pricing
1,837 ft²
Other
Up to $500K for Alberta businesses
Need help paying suppliers, covering renovation and repair costs, or hiring new employees? Merchant Growth has flexible financing solutions for any situation.
