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$485,000 total
3,336.46 SF
Asset Class
Specialty
Size
3,336.46 SF
Building class
C
Zoning
US — Urban Services
$ / SF
$145
Occupancy
100%
Year Built
1976
A great opportunity to own a versatile commercial property in Medicine Hat’s established Brier Industrial Park. Offering close to 3,400 sq. ft. of usable space, the building features nearly 500 sq. ft. of office space with a dedicated meeting/boardroom, over 1,800 sq. ft. of shop space, and almost 500 sq. ft. of mezzanine storage. The shop includes two overhead doors and is currently separated into two bays by a non-structural false wall, which can be removed to create one large open shop area if desired. A overhead crane/hoist and two-post vehicle lift also included. Outside, there is usable yard space on both sides of the building, plus a large rear yard providing plenty of room for equipment, vehicles, materials or additional storage. Conveniently located in Brier Industrial Park with easy access to Highway 1 and Medicine Hat’s major transportation routes, this property offers a practical setup for contractors, trades, service businesses, equipment-related operations and many other commercial uses. A functional property with excellent indoor and outdoor space, ready to adapt to your business needs. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$39K
Annual cash flow
$12K
Cash-on-cash
8.14%
DSCR
1.44
Going-in cap
7.98%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Halcyon Wealth Partners | 1,721 SF | 2027-11 |
| Halcyon Wealth Partners | 1,609 SF | 2027-11 |
Trade area within 3 miles of the property.
Population
99,502
Households
38,294
Median income
$90,000
Median age
45.7
Daytime population
91,024
5-yr growth
7.5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1944 11 Avenue NW, Medicine Hat.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.