JEN BOYLE
(403) 458-3974

CIR REALTY
403-271-0600

1137 & 1139 Kingsway Avenue SE
  Medicine Hat , Alberta   T1A2Y1
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1137 & 1139 Kingsway Avenue SE For Sale

$850,000
Medicine Hat, Alberta

Transaction Type
For Sale
Days On Market
84
Zoning
MU
Year Built
1955
Property Type
Commercial
Building Area (Sq. Ft.)
5827.00

Listing ID: 29270
MLS ID: A2193072
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 for 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! This property is available for lease as well, with entire building or one of two sides available.
Transaction Type
For Sale
Title
Fee Simple
Days On Market
84
Zoning
MU
Subdivision
River Flats
Year Built
1955
Structure Type
Mixed Use
Property Type
Commercial
Property Sub Type
Mixed Use
Legal Plan
483M
Building Area (Sq. Ft.)
5827.00
Building Area (Sq. M.)
541.34
Footprint (Sq. Ft.)
4557
Roof
Flat Torch Membrane,Asphalt Shingle,Tar/Gravel
Foundation
See Remarks
Cooling
Central Air
Heating
Make-up Air,Forced Air,Natural Gas
Lot Features
Level,Low Maintenance Landscape,Near Public Transit,Near Shopping Center
Commercial Amenities
Compressed Air Lines,Emergency Lighting,Exhaust Fan(s),Floor Drain(s)/Grease Trap(s),Mezzanine,Parking-Extra,Paved Yard,Storage,Storefront
Access to Property
Direct Access
Inclusions
Residential - fridge, stove / Commercial 12000 lb hoist, compressor, power lift
Restrictions
None Known
Reports
Floor Plans

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