326 High STREET W, Moose Jaw, SK S6H 1S9
326 High STREET W, Moose Jaw, SK S6H 1S9
326 High STREET W, Moose Jaw, SK S6H 1S9
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Listed by Gayland Panko • Royal LePage Next Level - Assiniboia
$949,000
Est. payment /mo
13,260 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 13,260 sqft

Price per Sqft $71

Subdivision Central Mj

MLS Listing ID SK043591

Year Built 1985

Lot Size 0.320 Acres

Acres 0.32

Property Sub-Type Retail

Source Saskatchewan

Property 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.

Location

Province SK

Community Central Mj

Interior

Heating Roof Top H/Vac

Exterior

Amenities Available Anchor Tenants, Interior Space, Store Front

Others

Ownership Freehold

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326 High STREET W

Bamford & Co.
Bamford & Co.

+1(306) 227-3331 | clientcare@bamfordco.com

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