JULIA LACEY
(403) 594-4242
ROYAL LEPAGE COMMUNITY REALTY
403-528-4222
768 25 Street SW
Medicine Hat , Alberta T1A 8R9
Medicine Hat , Alberta T1A 8R9
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768 25 Street SW For Sale
$795,000
Located in a prime industrial location, this 5,928 sq ft commercial building offers a strong and stable investment opportunity with a long-standing tenant in place. The property is currently home to Applied Industrial Technologies, who have leased the space since it was first built in 1998—demonstrating exceptional tenant reliability and stability.
The lease generates $4,500/month ($54,000 annually) in rental income, with the tenant covering all operating costs, including maintenance, property taxes, insurance, and repairs. The current lease is in place until February 2027, providing consistent cash flow and peace of mind for the new owner.
The building itself is well-maintained, with a new hot water tank installed in October 2024. The site includes ample outdoor parking, suitable for staff, customers, or equipment.
This is a sale of the building only, not the business. Whether you're looking to expand your portfolio or step into a dependable income-producing asset, this property is worth serious consideration.
Transaction Type
For Sale
For Sale
Days On Market
22
22
Zoning
I-G
I-G
Subdivision
South West Industrial
South West Industrial
Year Built
1998
1998
Structure Type
Industrial
Industrial
Property Type
Commercial
Commercial
Property Sub Type
Business
Business
Legal Plan
8010570
8010570
Building Area (Sq. Ft.)
63808.99
63808.99
Building Area (Sq. M.)
5928.00
5928.00
Roof
Metal
Metal
Cooling
Central Air,Partial
Central Air,Partial
Heating
Forced Air,Natural Gas
Forced Air,Natural Gas
Inclusions
N/A
N/A
Restrictions
See Remarks
See Remarks
Reports
None
None