Medicine Hat, AB T1A8R9,768 25 Street SW
Medicine Hat, AB T1A8R9,768 25 Street SW
Medicine Hat, AB T1A8R9,768 25 Street SW
Medicine Hat, AB T1A8R9,768 25 Street SW
Medicine Hat, AB T1A8R9,768 25 Street SW
Medicine Hat, AB T1A8R9,768 25 Street SW
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$ 795,000
Est. payment | /mo

5,928 SqFt


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$ 795,000
Est. payment | /mo
Save

5,928 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,928 sqft

Price per Sqft $134

Subdivision South West Industrial

MLS® Listing ID A2227440

Year Built 1998

Source Medicine Hat Real Estate Board Co-op

Property Description

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. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Interior

Heating Forced air,

Cooling Central air conditioning, Partially air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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Listed by ROYAL LEPAGE COMMUNITY REALTY
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"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

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katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

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