326 High Street W, Moose Jaw, Saskatchewan

About 326 High Street W

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:6289)

More Info on this Central MJ Retail MLS® listing

326 High Street W is a retail listing for sale in Moose Jaw. The MLS® number is SK043591. It was built in 1985 and covers 13,260 square feet. It's currently listed for $949,000. For more details on MLS® SK043591, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This retail listing in Central MJ is available now!

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