41 High STREET W

Prime Downtown Value-Add Opportunity with In-Place Cash Flow! Spanning three contiguous addresses (41, 43 & 45 High St W), this flagship commercial property in downtown Moose Jaw delivers the rare combination of immediate stability and massive upside. Two active main-floor retail tenants provide a solid 5% Cap Rate, allowing the asset to pay for itself while you plan your upper-level buildout. The entire second floor has been completely gutted to the studs and features multiple skylights, high ceilings, and views overlooking the downtown core and new hotel development. Ideal for conversion into the city's premier luxury residential lofts/condos or executive office suites. Demo is already done—bring your architect and capture the equity! (id:53361)