Property for sale in Medicine Hat, Alberta. Listed at $430,000.
2520 sq ft · Built in 2009
MLS® 30194603
Excellent opportunity to own a commercial building with a long-term tenant already in place, offering a truly hands-off investment. The current lease runs from October 15, 2025 to October 14, 2030, with the property currently rented for $3,675/month plus GST, including base rent and common area rent. The property is part of a condominium corporation, with condo fees of $394.30/month (plus GST). The condo corporation is responsible for several major maintenance items, including HVAC maintenance and repairs, grass cutting, snow removal, roof maintenance and repairs, exterior window and door repairs and replacement, parking lot asphalt maintenance and repairs, and parking lot line maintenance. A great opportunity for investors seeking stable rental income with minimal day-to-day ownership responsibilities. (id:27495)
Listing courtesy of ROYAL LEPAGE COMMUNITY REALTY · JULIA LACEY
Communities.ca Inc.
Stuart Hall, REALTOR® · Licence #LIC-00651009 · Century 21 Bravo
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