Share this Listing
Location
Key Details
$699,900.00
Mixed Use
8,008 SQ.FT
1914
Moose Jaw
Description
FULLY-OCCUPIED PRIME COMMERCIAL BUILDING located in the heart of Moose Jaw's downtown core!! Unique Corner ‘L-SHAPED' construction allows for TWO SEPARATE STOREFRONTS – one on Main Street and one on High Street. Current anchor tenants include EVANS FLORIST, as well as ESSENTIAL ELEMENTS & METAPHYSICAL. The second floor features 8 separate suites – four bachelor suites & four one-bedroom suites, plus common laundry – all fully occupied. Each level is approx. 4000 sq/ft. Combined Rents for all tenants currently generate a gross income of $7590/month, and annually $91,080. Base 2025 expenses include property tax ($9,683), utilities ($18,108), insurance ($12,782). Evans Florist on long-term lease until 2030. All other tenants on monthly term agreements. Property has been well maintained over many decades by same ownership group. A true definition of Pride of Ownership! Steam boiler system upgraded and regular maintained/inspected. Solid masonry structure. Usable/functional basement. A treat to view and an exceptional opportunity to add to your investment portfolio!
Listing courtesy of Ottawa Real Estate Co. Ltd.
More Info
City: Moose Jaw
Square Footage: 8008
Year Built: 1914
Type: Mixed Use
Amenities: Store Front
Heating: Hot Water
Land Size: 0.10
Parking Facility: No
Smoke Detectors: Yes
Total Acres: 0.1000
Listed By: Ottawa Real Estate Co. Ltd.