Medicine Hat, AB Commercial Real Estate for Lease - 20 Listings

Cornerstone Power Centre

1920-1960 Strachan Road, Southlands, Medicine Hat, AB
Property

Retail

112,057 SF
Availability

1 Space

8,872 SF
Year Built

1998
For Lease Contact for pricing
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AB, Medicine Hat - 640 3rd St SE
Regus
640 3rd Street Southeast, Medicine Hat, AB
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business address

Business lounge

Cleaning services

Ergonomic furniture

Lounge area

Mail services

Money-back guarantee

Office furniture
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Carry Plaza

3215 Dunmore Road SE, Southview, Medicine Hat, AB
Property

Retail

59,080 SF
Availability

3 Spaces

6,908 SF
For Lease Contact for pricing
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1501 Dunmore Road Southeast

1501 Dunmore Road Southeast, Norwood, Medicine Hat, AB
Property

Retail

10,580 SF
Availability

2 Spaces

2,289 SF
For Lease

$13.00 - $13.50/SF/YR
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941 South Railway Street SE

941 South Railway Street SE, Norwood, Medicine Hat, AB
Property

Office

20,000 SF
Availability

1 Space

975 SF
Year Built

1968
For Lease

$900.00/MO
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462 4 Street SE

462 4 Street SE , Downtown Medicine Hat, Medicine Hat, AB
Property

Office

5,000 SF
Availability

3 Spaces

2,895 SF
Year Built

2015
For Lease

$500.00 - $1,500.00/MO
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941 South Railway Street SE

941 South Railway Street SE, Norwood, Medicine Hat, AB
Property

Office

2,000 SF
Availability

1 Space

2,000 SF
For Lease

$1,200.00/SF/YR
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645 3rd Street Southeast

645 3rd Street Southeast, Downtown Medicine Hat, Medicine Hat, AB
Property

Retail

9,305 SF
Availability

1 Space

9,305 SF
For Lease

$7,166.67/SF/YR
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102 6 Avenue SE

102 6 AVENUE SE, Downtown Medicine Hat, Medicine Hat, AB
Property

Retail

4,224 SF
Availability

1 Space

1,388 SF
Year Built

1992
For Lease Contact for pricing
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627 2 Street Southeast

627 2 Street Southeast, Downtown Medicine Hat, Medicine Hat, AB
Property

Retail

1,875 SF
Availability

1 Space

1,875 SF
For Lease

$250.00/SF/YR
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941 South Railway Street

941 South Railway Street, Norwood, Medicine Hat, AB
Property

Office

1,000 SF
Availability

1 Space

1,000 SF
For Lease

$800.00/SF/YR
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941 South Railway Street

941 South Railway Street, Norwood, Medicine Hat, AB
Property

Office

1,000 SF
Availability

1 Space

1,000 SF
For Lease

$800.00/SF/YR
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Southview Centre

3201 13 Avenue SE, Meadows, Medicine Hat, AB
Property

Retail

165,142 SF
Availability Contact for availability

For Lease Contact for pricing
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659 3rd Street Southeast

659 3rd Street Southeast, Downtown Medicine Hat, Medicine Hat, AB
Property

Retail

4,450 SF
Availability

2 Spaces

4,500 SF
For Lease

$7.00 - $11.00/SF/YR
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941 South Railway Street

941 South Railway Street, Norwood, Medicine Hat, AB
Property

Office

2,000 SF
Availability

1 Space

2,000 SF
For Lease

$1,200.00/SF/YR
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159 Southwest Drive Southwest

159 Southwest Drive Southwest, South Vista Heights, Medicine Hat, AB
Property

Industrial

3,000 SF
Availability

1 Space

3,000 SF
For Lease

$9.50/SF/YR
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Northpointe Crossing

2440 Division Ave N, North West Crescent Heights, Medicine Hat, AB
Property

Retail

20,000 SF
Availability

2 Spaces

5,651 SF
For Lease Contact for pricing
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23 Southwest Drive Southwest

23 Southwest Drive Southwest, South Vista Heights, Medicine Hat, AB
Property

Industrial

4,700 SF
Availability

1 Space

4,700 SF
For Lease

$9.75/SF/YR
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941 South Railway Street

941 South Railway Street, Norwood, Medicine Hat, AB
Property

Office

2,000 SF
Availability

1 Space

2,000 SF
For Lease

$1,200.00/SF/YR
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1355 Brier Park Crescent Northwest

1355 Brier Park Crescent Northwest, North West Crescent Heights, Medicine Hat, AB
Property

Industrial

1,200 SF
Availability

1 Space

1,200 SF
For Lease

$10.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Medicine Hat commercial real estate market incorporates 34,836 square feet of office space across 8 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Medicine Hat commercial real estate market includes 427,410 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Medicine Hat market, there is a total of 202,434 square feet of industrial property.

The listing inventory in Medicine Hat incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Medicine Hat is represented by Retail space, which accounts for 40,788 square feet of available listings. Office space available in Medicine Hat adds up to 11,870 square feet.

Meanwhile, most of the listings of commercial property for sale in Medicine Hat are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Medicine Hat is $30.24 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Medicine Hat can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Medicine Hat, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Medicine Hat is in the Norwood neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Norwood area.

Meanwhile, retail space opportunities are most abundant in the Downtown Medicine Hat submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in South Vista Heights.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $250 per square foot.

The average size of a commercial property in Medicine Hat depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Medicine Hat, the average size of an office property is 4,355 square feet.
Retail properties here incorporate an average of 26,714 square feet.
Industrial space in Medicine Hat is in buildings that are, on average 25,305 square feet in size.

Medicine Hat, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Medicine Hat currently add up to 61,558 square feet. The market offers 7 active office listing(s), which amount to 11,870 square feet and account for 36% of commercial spaces on the market. Local retail availability includes 40,788 square feet across 9 retail space(s). Industrial space for rent opportunities in Medicine Hat amount to 8,900 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	7	11,870
Retail	9	40,788
Industrial	3	8,900

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Medicine Hat, AB. Currently, there is 336,710 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 6 retail investment opportunity listing(s) , and 5 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	1	1,836
Retail	6	40,697
Industrial	5	193,534
Other	4	100,643

About us

CommercialCafe is your go-to commercial real estate listing source. We partner with highly respected major brokerages from across the country to ensure high-quality listings that are updated frequently. Our online marketplace lists all commercial property types from office, coworking, retail, and industrial to special purpose properties.

CommercialCafe is a trusted Yardi brand and is an integral part of the CommercialEdge network — the fastest-growing network of online real estate marketplaces, which ranks on the 1st page of Google for all top markets, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts.

Medicine Hat, AB Commercial Real Estate for Lease - 20 Listings

Cornerstone Power Centre

AB, Medicine Hat - 640 3rd St SE

Carry Plaza

1501 Dunmore Road Southeast

941 South Railway Street SE

462 4 Street SE

941 South Railway Street SE

645 3rd Street Southeast

102 6 Avenue SE

627 2 Street Southeast

941 South Railway Street

941 South Railway Street

Southview Centre

659 3rd Street Southeast

941 South Railway Street

159 Southwest Drive Southwest

Northpointe Crossing

23 Southwest Drive Southwest

941 South Railway Street

1355 Brier Park Crescent Northwest

Frequently Asked Questions

Medicine Hat, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Popular Retail Searches

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Medicine Hat, AB Commercial Real Estate for Lease - 20 Listings

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Medicine Hat, AB?

What factors affect the price of commercial real estate in Medicine Hat, AB?

What is the average rent for commercial space in Medicine Hat, AB?

What are the best areas for commercial real estate in Medicine Hat, AB?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Medicine Hat, AB?

Medicine Hat, AB Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Popular Retail Searches

About us