1137 & 1139 Kingsway Avenue Se , Medicine Hat, Alberta T1A 2Y1 For sale

$850,000

Area 5827 sqft
Year Built 1955
Car Parking 13
Type Commercial Mix

About 1137 & 1139 Kingsway Avenue Se

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! This property is available for lease as well, with entire building or one of two sides available. (id:51989)

Features of 1137 & 1139 Kingsway Avenue Se

  • MLS® Number A2193072
  • Price $850,000
  • Square Footage: 5827 sqft
  • Property Type: Commercial Mix
  • Community Name: River Flats
  • Features Level
  • Parking Space Total 13
  • Plan 483m
  • Total Buildings 2

Buildings

Constructed Date 1955 Cooling Type Central Air Conditioning
Foundation Type See Remarks Heating Fuel Natural Gas
Heating Type Forced Air Size Exterior 5827 Sqft
Size Interior 5827 Sqft Total Finished Area 5827 Sqft
Type Commercial Mix

Land

Acreage No Size Depth 39.62 M
Size Frontage 30.48 M Size Total Text Unknown
Zoning Description Mu

Agents and Offices

  • JEN BOYLE
  • Office: Cir Realty
  • Aerial
  • Walking Score
What's Nearby

Do you have questions?

Call or text today, we are here to help!

1-403-561-3456