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740 Gershaw Drive SW, Medicine Hat

$425,000

About this property

Prime investment opportunity! This retail building, previously home to a convenience store, is set on a large lot in a highly visible, high-traffic location, making it ideal for various retail businesses. The property features a versatile showroom with a sales counter, ample storage space, and flexible C-H zoning. Potential uses include gas station, financial institution, health care offices, professional offices, restaurant with drive-thru services, and other retail or consumer services. Perfect for entrepreneurs and developers seeking a promising site for future growth.

Essential information

MLS® number
A2288396
Status
Active
Price
$425,000
Property type
Commercial
Type
Retail
Transaction
For Sale
Restrictions
None Known
Building area
1,630 sq ft
Year built
1957
Structure
Retail
Listing brokerage
Century 21 Bravo Realty
Source
Pillar 9™ MLS® System

Exterior and construction

Zoning
C-H

Community

City
Medicine Hat
Province
AB
Postal code
T1A5C8

Where it is

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Approximate location, plotted from the listing’s own coordinates.

Investment calculator

Cap rate, cash flow and the coverage ratio a commercial lender will look at first.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

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The building

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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.

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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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