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For Lease · Specialty

533 4 Street SE, Medicine Hat

533 4 Street SE, Medicine Hat, AB T1A0K7

$10 Monthly

1,460 SF

Asset Class

Specialty

Size

1,460 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$0

Occupancy

84%

Year Built

1945

About this property

This refurbished 1,460 sq. ft. main floor commercial space offers a unique opportunity to establish your business in a building full of character and history. Formerly the lobby of the iconic Towne Theatre, this extensively updated space combines historic charm with modern improvements, creating an inviting atmosphere with endless possibilities. The impressive front facing windows provide excellent street exposure and an abundance of natural light, making it an ideal setting for a variety of business ventures. The space also features two fully accessible, barrier free washrooms and a versatile open layout, ready for your personal touches to bring your business vision to life. Whether you're looking for retail, office, studio, pub/restaurant or professional service space, this distinctive location offers plenty of potential. Available for immediate possession! Base rent is $10.00/sq. ft. ($1,216.67/month) plus additional rent of $5.00/sq. ft. ($608.33/month), for a total monthly rent of $1,825 plus GST and electricity. Don't miss this opportunity to make your mark in one of the city's recognizable historic buildings! Some photos have been AI rendered to show potential ideas (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$10
Down payment30% · $3
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

9.53%

DSCR

1.52

Going-in cap

8.40%

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
Northbridge Logistics631 SF2031-02
Northbridge Logistics400 SF2031-02
Northbridge Logistics400 SF2030-02

Area demographics

Trade area within 3 miles of the property.

Population

90,939

Households

43,165

Median income

$80,000

Median age

41.1

Daytime population

141,022

5-yr growth

2%

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

Secure deal room

Confidential diligence documents for 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.