Downtown Investment Opportunity

Offering Summary

  • Sale Opportunity 4,224 sf
  • Site Size 0.41 acres
  • Legal Address 1491;5;15-20
  • Zoning Mixed Use Downtown
  • Sale Price $1,100,000
  • Property Taxes $14,823.88 (2025)
  • Average Annual NOI $87,316
  • Cap Rate 7.95%
  • Possession Negotiable
  • Year Built 1992

Overview

Property Description

This investment sale includes a 4,224 sf retail building with two notable tenants in place. The location offers a prime downtown Medicine Hat site and quality neighbouring tenants. Please contact an Associate to learn more about this fully leased investment asset.

Location Description

This stand-alone retail building sits on the corner 1st Street SE and 6th Avenue SE. This highly visible location is adjacent to Medicine Hat City Hall and Towne Square with traffic counts of 5,763 VPD+. There are entry and exit points on both 1st Street SE and 6th Avenue SE making this site easily accessible.

Property Highlights

Fully leased investment sale

Quality building tenants

Easily accessible
Tenants: Circle K & Quesada

Adjacent to City Hall and Towne Square

Ample, on-site parking available

Downloads

Sale Brochure

Location Map

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