1900 N Last Chance Gulch, Helena
Other-see Remarks,
MT
59601
Property Details
List Price: |
$1,395,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
12000 |
Agency: |
Montana Land Buyer Realty |
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Description/Comments
Lot Size: |
-- |
Property Type: |
Commercial |
Year Built: |
1949 |
Notes: |
12 unit commercial building with varying unit sizes to accommodate different types of businesses. Long term tenants with only 2 units vacant. Filling the remaining 2 units will increase return on this investment to nearly 10% cap rate with a current cap rate of 7.95%. Current owner has maintained the building nicely for several years and is filling the current vacancies. One tenant is a dispensary, but we have a bank willing to look at financing the next owner with dispensary tenant in place. Other tenants include: commercial kitchen, professional photographer, salon. The B-2 (general commercial) district provides for compatible residential uses and a broad range of commercial and service uses that serve large areas of the City and that are normally required to sustain a community. High traffic count with mountain views. Close to campus and downtown |
MlsNumber: |
338403 |
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Listing Provided By: |
Montana Land Buyer Realty, original listing |
Name: |
Montana Land Buyer Realty |
Phone: |
(406) 220-5233 |
Office Name: |
Montana Land Buyer Realty |
Office Phone: |
(406) 308-5322 |
Agent Name: |
Jason Mascari |
Disclaimer: |
Copyright © 2024 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |