1137 1139 Kingsway Avenue Se, Medicine Hat
- Living area: 5827 square feet
- Type: Commercial
- Added: 16 days ago
- Updated: 15 days ago
- Last Checked: 16 hours ago
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:1945)
Property DetailsKey information about 1137 1139 Kingsway Avenue Se
- Cooling: Central air conditioning
- Heating: Forced air, Natural gas
- Year Built: 1955
- Structure Type: Commercial Mix
- Building Area Total: 5827
- Foundation Details: See Remarks
- Civic Addresses: 1137 Kingsway Ave SE, 1139 Kingsway Ave SE, 714 12th Street
- Mixed Use: true
- Total Area: 5,827 sq. ft.
- Main Floor Area: 4,557 sq. ft.
- Upper Floor Area: 1,270 sq. ft.
- Residential Area: 812 sq. ft.
- Lower Floor Area: 786 sq. ft.
- Overhead Doors: Total: 7, Sizes: 8x8, 12x12
- Separate Utilities: true
Interior FeaturesDiscover the interior design and amenities
- Living Area: 5827
- Above Grade Finished Area: 5827
- Above Grade Finished Area Units: square feet
- Living Area: Rooms: Living Room: true, Kitchen: true, Dining Area: true, Bedrooms: 2, Full Bathroom: true, Lower Floor: Storage: true, Family Room: true, Laundry/Utility Area: true
- Potential Uses: Automotive Services, Retail, Workshop, Office Space
Exterior & Lot FeaturesLearn about the exterior and lot specifics of 1137 1139 Kingsway Avenue Se
- Lot Features: Level
- Parking Total: 13
- Parking: Off-Street: true, Space Availability: Plenty of space for clients
- High Traffic Street: true
Location & CommunityUnderstand the neighborhood and community
- Common Interest: Freehold
- Street Dir Suffix: Southeast
- Subdivision Name: River Flats
- Area: SE Kingsway
- Description: Thriving area ideal for business ventures
Business & Leasing InformationCheck business and leasing options available at 1137 1139 Kingsway Avenue Se
- Investment Opportunities: On-site residence for rental income, Business operation income, Potential rental options
- Demising Potential: Can be demised for 2 or more businesses
Tax & Legal InformationGet tax and legal details applicable to 1137 1139 Kingsway Avenue Se
- Tax Lot: 12
- Tax Year: 2024
- Tax Block: 13
- Parcel Number: 0026707497
- Tax Annual Amount: 8944
- Zoning Description: MU
Additional FeaturesExplore extra features and benefits
- Number Of Buildings: 2
- Investment Opportunity: Unique opportunity for maximum versatility and potential
- Convenient On Site Living: true
This listing content provided by REALTOR.ca
has
been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Nearby Listings Stat
Active listings
82
Min Price
$20,000
Max Price
$3,300,000
Avg Price
$457,578
Days on Market
91 days
Sold listings
40
Min Sold Price
$79,000
Max Sold Price
$4,600,000
Avg Sold Price
$477,397
Days until Sold
52 days