1/8841 14 Street SW, Medicine Hat
841 14 Street SW, Medicine Hat, AB T1A4V9
$585,000 total
6,582 SF
Asset Class
Industrial
Size
6,582 SF
Building class
B
Zoning
IM — Medium Industrial
$ / SF
$89
Occupancy
95%
Year Built
1955
Lot Size
0.2121900826446281 ac
Clear height
29 ft
Loading docks
13
About this property
Prime SW Light Industrial Location - Updated Exterior and Ready For Your Vision! Excellent opportunity to own an open warehouse/retail building in Medicine Hat’s desirable SW Light Industrial Area. Conveniently located with easy access and excellent visibility to Gershaw Drive and Highway 3, this property offers a functional setting for a variety of commercial uses. The building’s windows, exterior doors and exterior have been updated and modernized, providing a fresh, contemporary appearance and improved curb appeal. Inside, the open layout provides a versatile blank canvas, ready to be built out and customized to suit your specific business needs. Natural light fills the space through the front windows, creating a bright and welcoming environment. Whether you’re looking for warehouse, retail, showroom, service or a combination of uses, this property offers flexibility, accessibility and a great opportunity to create a space tailored to your operation. Bring your ideas and make this space your own! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$30K
Annual cash flow
$-2K
Cash-on-cash
-1.22%
DSCR
0.93
Going-in cap
5.17%
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.
Rent roll (estimated)
| Tenant | Area | Expiry |
|---|---|---|
| Lakeview Physiotherapy | 2,878 SF | 2030-05 |
| Lakeview Physiotherapy | 1,556 SF | 2031-05 |
| Lakeview Physiotherapy | 827 SF | 2030-05 |
| Lakeview Physiotherapy | 979 SF | 2030-05 |
Area demographics
Trade area within 3 miles of the property.
Population
60,171
Households
24,956
Median income
$125,000
Median age
34.9
Daytime population
66,174
5-yr growth
3.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 841 14 Street SW, 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.