$ 850,000
1137 & 1139 Kingsway Avenue SE Medicine Hat, AB T1A2Y1
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$ 850,000
Est. payment | /mo
5,827 SqFt
$ 850,000
Est. payment | /mo
5,827 SqFt
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 5,827 sqft
Price per Sqft $145
Subdivision River Flats
MLS® Listing ID A2177784
Originating Board Medicine Hat Real Estate Board Co-op
Year Built 1955
Property Description
Welcome to 1137 & 1139 Kingsway Ave SE, with a bonus at 714 12th Street, ALL ON ONE TITLE!!! Such a rare opportunity to own a mixed-use property that combines commercial potential with residential convenience, located on a high-traffic street for maximum visibility. Previously used as an automotive service center, this property is perfectly equipped for a range of business ventures, thanks to its expansive layout, ample parking, and versatile spaces. WITH 2 CIVIC ADDRESSES AND SEPERATED UTILITIES, THIS BUILDING COULD BE DEMISED FOR 2 OR MORE BUSINESSES! The commercial property features an impressive 5,827 sq. ft. above grade, with a spacious main floor offering 4,557 sq. ft. that includes multiple shop bays, service areas, and workspaces. These are well-suited for automotive services or can be adapted to suit other business needs, such as retail, workshop, or office space. Additionally, the upper floor adds another 1,270 sq. ft. of storage and utility rooms, providing ample space for inventory, tools, or back-end operations. There is a total of 7 Overhead doors, ranging from 8x8 up to 12 x 12, providing endless occupancy opportunities. For the residential investment, you’ll find an 812 sq. ft. living area that serves as a private sanctuary or potential income property. This comfortable residence includes a cozy living room, a well-equipped kitchen and dining area, two spacious bedrooms, and a full bathroom. The 786 sq. ft. lower floor offers additional storage, a family room, laundry/utility area, and even more flexibility for any residential revenue or owner occupied needs! With separate entrances and thoughtful layout, the residential unit is ideal for rental income or for business owners looking for convenient on-site living. A key highlight of this property is the convenience of off-street parking, providing easy access for both customers and residents. With plenty of parking space, you can accommodate your clients’ needs without congestion, making it ideal fo r a customer-facing business. The combination of commercial and residential spaces offers a unique investment opportunity with multiple income streams, whether through the on-site residence, business operation, or potential rental options. Located in a thriving area of SE Kingsway, this property is designed for the ambitious entrepreneur or investor seeking maximum versatility and potential. Explore the endless possibilities at 1137 + 1139 Kingsway Ave SE and envision your business or investment future in this one-of-a-kind property! (id:24570)
Location
Province AB
Interior
Heating Forced air,
Cooling Central air conditioning
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 13
Private Pool No
Others
Ownership Freehold
Listed by MAXWELL CANYON CREEK