Property Description

Here is a rare opportunity to own one of the Landmark buildings of Moose Jaw. The building's entire basement is part of The Tunnels of Moose Jaw tour which is the major tourist attraction in Moose Jaw. The entrance to the basement is also the entrance and start of the historic “Passage to Fortune” tour of The Tunnels of Moose Jaw, and showcases the historic Passage to Fortune tour highlights. Located in the heart of downtown Moose Jaw, it boasts arguably the best commercial real estate location in Moose Jaw. The building consists of approximately 18,450 square feet (on three levels) of leasable space with 13,170 sq. ft. of space presently leased. Extensive renovations have been completed on this building, thus the entire building looks new up and down, in and out. The property also boasts a 3,150 sq. ft. parking lot (11 parking stalls) with rental potential as well. This prime real estate is directly east of Moose Jaw's Mosaic Place Stadium, home of the WHL hockey team – The Moose Jaw Warriors. In addition, this parcel lies within close proximity to other popular tourist attractions and amenities. So it is perfect for someone to buy the building and use the main floor for their own business. The second floor, which is approximately 5,2800 sq. ft., currently 1750 sqft is leased, and the 2nd floor has the potential to generate a triple net rent of about $30,000./annually. All measurements are as per SAMA. The 2nd floor is also for rent at $7.5/sqft net, see MLS # SK913538 (id:7434)