326 High Street W,Moose Jaw, SK S6H1S9
Moose Jaw, SK S6H1S9
Description
Investor alert! Excellent opportunity to acquire a stable income-producing commercial property on busy High Street in downtown Moose Jaw, located very close to the Moose Jaw Event Centre and Main Street. This property features three established long-term tenants, all operating under triple net leases, which keeps the landlord's ongoing expenses limited primarily to structural and major mechanical items. The property is currently producing a cap rate of 7.38%, with a future cap rate of 8.74%, offering both strong in-place income and upside potential. Existing rents appear to be below market, creating a solid long-term opportunity for an investor looking for dependable cash flow with room for future growth. The building is equipped with rooftop HVAC and also includes a 1,640 sq. ft. Quonset that can be used by the owner for storage or potentially leased out to generate additional rental revenue. A clean Phase I ESA was completed in 2019, adding further confidence for purchasers reviewing the property. With its downtown location, long-term tenants, triple net lease structure, below-market rents, and additional income potential, this is a very stable and practical commercial investment. Call today for the full information package. Signed NDA required. (id:13843)
Details
| MLS # | SK043591 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Year | 1985 |
| Days On Site | 93 |
| Listing Provided By | Royal LePage Next Level | Gayland Panko |
Features
| SQ Feet | 13,260 |
|---|---|
| Acreage | 0.32 |
Interior
| Fireplace Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 27222 |
|---|---|
| Tax Year | 2026 |
Area Information
| Province | SK |
|---|---|
| City | Moose Jaw |
| Postal Code | S6H1S9 |
| Listing VS Median (in S6H1S9) | |
Price: $949,000 low | high Med: $279,000 sqft: 13,260 low | high Med: 1,320 $ / sqft: $72 low | high Med: $211 On site: 93 low | high Med: 307 | |
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Learn More About This Property
| Province | SK |
|---|---|
| City | Moose Jaw |
| Postal Code | S6H1S9 |
| Listing VS Median (in S6H1S9) | |
Price: $949,000 low | high Med: $279,000 sqft: 13,260 low | high Med: 1,320 $ / sqft: $72 low | high Med: $211 On site: 93 low | high Med: 307 | |