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340 Maple Avenue SE, Medicine Hat, AB, T1A 7L5

MLS® # A2272791
Commercial For Sale In North Flats, Medicine Hat, Alberta
$399,900

None Beds

340 Maple Avenue Se, Medicine Hat, AB
340 Maple Avenue Se, Medicine Hat, AB
340 Maple Avenue Se, Medicine Hat, AB
340 Maple Avenue Se, Medicine Hat, AB
340 Maple Avenue Se, Medicine Hat, AB
340 Maple Avenue Se, Medicine Hat, AB
340 Maple Avenue Se, Medicine Hat, AB
340 Maple Avenue Se, Medicine Hat, AB
340 Maple Avenue Se, Medicine Hat, AB
340 Maple Avenue Se, Medicine Hat, AB
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340 Maple Avenue SE, Medicine Hat, AB, T1A 7L5
$399,900

Property Information:

Great affordable investment opportunity with this centrally located commercial building. This 2700 sq ft building located in the heart of the city has two units, both occupied by established long term tenants. One side is 1000sqft and the other 1700sqft with a full sound wall between units. Each side has a 2 piece bath and dedicated rooftop HVAC units that were replaced in 2015, along with the roof. The larger unit has two front doors, lending flexibility to future uses. There is 200AMP electrical service and the tenants split the utilities. The brick and block construction makes for low maintenance. Whether you are looking for a turn key investment or a highly visible location for you your own business, this property meets your needs.

Inclusions: Rooftop HVAC Units (2)

Property Features:

  • Built in: 1983
  • Floor Space (approx): 2700.00 Square Feet
  • Zoning: MU

Data provided by: Medicine Hat Real Estate Board Co-operative Ltd. 403 4th St. SE, Medicine Hat, Alberta T1A 0K5
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

All Properties

3.9%

Price change (1 year)

22.78%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 340 Maple Avenue SE, Medicine Hat, AB, T1A 7L5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Low

11 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 340 Maple Avenue SE, experiences 7 hot days per year at around 33.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 37.6 degrees Celsius.

Projected Avg. Temperature

Past
33.5℃
2050
37.6℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Low

11 storms expected in 2050

13/100

Low

ClimateCheck®

Current data

This property, 340 Maple Avenue SE, experiences 10 significant 2-day storms per year, with about 152.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 172.9mm of precipitation per year.

Precipitation Per Storm

Past
152.1mm
2050
172.9mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 340 Maple Avenue SE, Medicine Hat, AB, T1A 7L5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,452.22

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.49 %

High school certificate or equivalent

35.94 %

Apprenticeship trade certificate/diploma

9.96 %

College/non-university certificate

17.13 %

University certificate (below bachelor)

0.17 %

University Degree

11.32 %

Commuter

Travel To Work

By Car

82.92 %

By Public Transit

3.38 %

By Walking

7.02 %

By Bicycle

0.44 %

By Other Methods

6.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

37.46 %

Houses

62.54 %

Own Vs. Rent

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