Medicine Hat Retail Spaces for Sale

Retail in Medicine Hat available for sale

Medicine Hat Retail Space for Sale

514 S Railway St SE

Medicine Hat, AB T1A 2V6

Retail for Sale
$1,000,000 CAD
9,351 SF

Medicine Hat Retail for Sale

9,351 SF on 0.64 Acres Located on a prominent roadway in Medicine Hat, this unique property offers outstanding visibility and accessibility—perfect for automotive businesses seeking a strategic location. The layout features a welcoming reception and showroom area that flows into a spacious shop, office, and public washroom. The main shop area includes multiple bays, two dedicated storage rooms, a shop office, mechanical room, staff room, and an additional washroom.

Contact:

CBRE

Property Subtype:

Auto Repair

Date on Market:

2026-03-23

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More details for 411 N Railway St SE, Medicine Hat, AB - Retail for Sale

Address is c/o Grassroots Realty Group - 411 N Railway St SE

Medicine Hat, AB T1A 2Z3

Retail for Sale
$5,800,000 CAD
28,098 SF

Medicine Hat Retail for Sale

ACQUISITION COLES NOTES (Mixed-Use Hospitality + Residential) What you’re buying: A large-format mixed-use building (~28,000 sf) that pairs a proven hospitality venue (bar/restaurant/entertainment/catering/events) with a built-in residential rental component (13 apartments). A legacy operation with continuous history since 1980, positioned as a community hub and destination venue. Why it’s compelling: Multiple income engines under one roof: food & beverage + live entertainment + private events/buyouts + off-site catering + apartment rentals. Residential units add stability and reduce reliance on bar/restaurant sales alone. Heavy reinvestment has already been done—buyer steps into an asset with a “reset” capital timeline instead of inheriting deferred maintenance. Lease structure (key point): Single-tenant, TRUE NET lease. Landlord receives fixed rent: $240,000/year. Tenant is responsible for all operating costs, maintenance, and management. Tenant controls and keeps ALL revenue produced inside the building—including restaurant/bar, catering, events/venue income, and the apartment rental income. Result: simple, predictable ownership profile for an investor; operational upside remains with the operator. Residential component (stability + demand): 13 apartments total. 8 units are brand new via full demolition/rebuild; 5 additional units updated. Delivered completed prior to sale. Upgrades include modern systems (electrical/plumbing/mechanical), improved life-safety separation, sound attenuation, kitchenettes, laundry, and modern finishes. Long-term tenants reside, supporting stabilized occupancy and ongoing rental demand. Capital program already executed (risk removed): $600,000 commercial kitchen expansion completed in 2025 (capacity + efficiency; supports dine-in and catering). ~$2.44M residential demolition/rebuild program (major modernization of the residential component and related systems). ~$300K fire rating and exiting upgrades (life-safety compliance focus). Total reinvestment since 2024 appraisal: $3.3M+. Buyer takeaway: you’re not funding the heavy lift—major work is being completed pre-close. Value framing (simple narrative): Heritage building (100+ years) with modernized infrastructure—character retained, functionality upgraded. “Below replacement cost” story: substantial capital has been put in versus prior appraised condition, without the buyer taking on construction/permitting/overrun exposure. Clean closing / liabilities: No third-party operating debt. Only leased equipment noted: two dishwashers. Shareholder loans eliminated at closing (no lingering lender entanglements post-close). Who this fits: Owner-operator who wants real estate + operating business control. Hospitality group seeking a flagship venue with residential income diversification. Investor who values fixed net rent and simplified management (true net), with a tenant operating all business lines and rentals.

Contact:

Grassroots Realty Group

Date on Market:

2026-05-05

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102 6th Ave

Medicine Hat, AB T1A 2S2

Retail for Sale
$1,100,000 CAD
4,224 SF

Medicine Hat Retail for Sale

This investment sale includes a 4,224 sf retail building with two notable tenants in place. The location offers a prime downtown Medicine Hat site and quality neighbouring tenants. Please contact an Associate to learn more about this fully leased investment asset.

Contact:

Commercial One Team of RE/MAX Medalta Real Estate

Property Subtype:

Storefront

Date on Market:

2026-03-23

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1276 Trans Canada Way SE

Medicine Hat, AB T1B 1J5

Flex for Sale
$1,600,000 CAD
5,758 SF

Air Conditioning

Medicine Hat Flex for Sale

Presenting a premier commercial opportunity on the Trans Canada Highway in Medicine Hat. This exceptionally maintained 5,758 square foot building is situated on a substantial 1.1-acre Highway Commercial lot, providing unmatched visibility to both local and highway traffic—an ideal setting for businesses seeking maximum exposure. The property features a recently updated exterior and interior, creating a modern, professional environment that will impress clients and support staff productivity. The main floor offers a spacious, well-lit showroom and flexible office area, perfectly suited for vehicle displays, equipment, or retail products. A convenient man door allows for easy indoor display and access. Operational efficiency is at the forefront, with four pristine service bays, a dedicated wash bay, a tool scrub area, and ample warehouse or storage space—all maintained to high standards and ready for immediate occupancy. The building is equipped with four 10-foot overhead doors and one 12-foot overhead door, ensuring smooth logistics and accessibility for a range of commercial uses. The expansive lot accommodates generous parking, outdoor storage or display, and potential for future development. Prominent highway signage further elevates your business profile, capturing the attention of a steady flow of passing vehicles. This is a rare opportunity in a vibrant Alberta market—offering flexibility for automotive, retail, industrial, or mixed-use operations. Properties of this caliber, with such strategic highway exposure, are seldom available. For further information or to arrange a confidential tour, please contact your commercial real estate representative.

Contact:

Grassroots Realty Group

Property Subtype:

Showroom

Date on Market:

2026-02-24

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638 14 St SW

Medicine Hat, AB T1A 4V6

Retail for Sale
$2,500,000 CAD
20,433 SF

Air Conditioning
Security System
24 Hour Access
Conferencing Facility
Restaurant
Wheelchair Accessible
Smoke Detector

Medicine Hat Retail for Sale

± 12,260 square foot entertainment/mixed-use building situated on 1.83 acre site with an additional ± 700 square foot building (former tourist information centre). Potential partnership opportunity for boutique long-term care redevelopment.

Contact:

Hughes Commercial Realty Group

Property Subtype:

Bar

Date on Market:

2026-01-06

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Retail Service-Oriented Property

Mixed Types for Sale
Price Upon Request
2 Properties | Mixed Types

Medicine Hat Portfolio of properties for Sale

Retail service-oriented property with an express car wash (Mint Smartwash), Esso gas canopy, 7-Eleven convenience store, and 8,700 sq. ft. of undeveloped land. The property offers 8 regular parking stalls, 24 vacuum/hand drying parking stalls, 4 accessible parking stalls, and immediate access to Dunmore Rd SE. Prime Mixed-Use Property: This newly constructed, mixed-use asset offers a strategic location in Medicine Hat with easy access to the high-traffic Dunmore Road SE. The property features two strong tenants: 7-Eleven/Esso and Mint Smartwash, ensuring stable, long-term income with minimal vacancy risk. Long-Term Leases: Both tenants are locked into long-term, triple-net leases with an average weighted lease term of 18.31 years. This ensures predictable, steady cash flow over the long term, with minimal landlord responsibilities. Additionally, the leases include contractual rental escalations, providing built-in income growth. Strong Retail Tenants: The tenants—7-Eleven, a global leader in convenience retail, and Mint Smartwash, an established car wash brand—bring high customer traffic to the site. This enhances the visibility and desirability of the location, making it an attractive destination for retail and service customers alike.

Contact:

Avison Young

Property Subtype:

Mixed Types

Date on Market:

2025-09-03

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Retail Spaces for Sale in Medicine Hat

View All Available Listings

How many retail spaces are available for sale in Medicine Hat?

There are currently 3 retail spaces available for sale in Medicine Hat, offering a unique opportunity for businesses to establish a presence.

How big are the retail spaces available for sale in Medicine Hat?

The average size of retail spaces available for sale in Medicine Hat is about 8,762 SF. The largest retail spaces available to buy is 12,710 SF and the smallest is 4,224 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

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