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For Lease · Specialty

101, 533 4 Street SE, Medicine Hat

101, 533 4 Street SE, Medicine Hat, AB T1A0K7

$2,500 Monthly

6,000 SF

Asset Class

Specialty

Size

6,000 SF

Building class

A

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

84%

Year Built

1945

About this property

Bring your business vision to life in the historic Town Theatre building! Offering approximately 6,000 sq. ft. of versatile commercial space, this unique property presents an exciting opportunity for a wide range of business ventures. Formerly operating as a theatre, the expansive open concept layout provides a blank canvas with endless possibilities to customize the space to suit your business needs. Rich in character and history, this one-of-a-kind location offers the opportunity to create something truly special. For those seeking additional space, there is also the option to combine this area with the beautifully updated lobby located at the front of the building. Available for immediate possession at $2,500/month plus utilities. Don't miss this opportunity to establish your business in a unique and recognizable location! Some photos are an AI generated rendering illustrating the potential use of the space. For conceptual purposes only (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$3K
Down payment30% · $750
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$12

Projected NOI

$114

Annual cash flow

$-24

Cash-on-cash

-3.25%

DSCR

0.82

Going-in cap

4.57%

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)

TenantAreaExpiry
Lakeview Physiotherapy2,027 SF2034-10
Lakeview Physiotherapy3,031 SF2034-10

Area demographics

Trade area within 3 miles of the property.

Population

140,531

Households

62,863

Median income

$90,000

Median age

45.8

Daytime population

129,681

5-yr growth

7.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 101, 533 4 Street SE, Medicine Hat.

NDA required

  • 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.