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$ 2,490,000
Est. payment | /mo
0.71 Acres Lot
$ 2,490,000
Est. payment | /mo
0.71 Acres Lot
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision South West Industrial
MLS® Listing ID A2219861
Originating Board Medicine Hat
Year Built 1975
Annual Tax Amount $28,100
Tax Year 2024
Lot Size 0.710 Acres
Acres 0.71
Property Sub-Type Industrial
Property Description
Prime Industrial Investment Opportunity located in the choice Southwest Industrial Park, adjacent to the Medicine Hat Regional Airport. This well-positioned property features strong frontage along 10th Avenue SW—the park's main access corridor—with excellent connectivity to Highway 3 and the Trans-Canada Highway (Hwy 1). The site is leased to Wolseley Plumbing, a long-standing national tenant operating here since 2003. The current lease runs through September 2027, with built-in escalations in the remaining two years, offering strong lease appeal and stable cash flow. With an effective 7.75% cap rate, high ceilings, and clear span warehouse space, the building layout is well-suited to a wide range of industrial users, ensuring flexibility and long-term re-lease potential.
Location
Province AB
County Medicine Hat
Zoning Business Industrial Distr
Interior
Inclusions None
Others
Restrictions See Remarks
Tax ID 91308974
Ownership See Remarks
Listed by AVISON YOUNG
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "