Sq.ft
MLS NUMBER
411681
LISTING DATE:
15 Days Ago
LOT SIZE
0 Acres
AREA:
Other Counties/State
PRICE
$425,000
GARAGE
SUBDIVISION:
N/A
LEVEL / STORIES:
N/A
TYPE
N/A
STATUS:
Active
YEAR BUILT:
1950
Well-maintained professional office building located at 2415 13th Ave S in Great Falls, Montana, offering an excellent opportunity for investors seeking stable income from a long-term tenant in place. This standalone office property features an attractive architectural design with strong curb appeal, dedicated onsite parking, professional landscaping, and a highly functional layout suitable for a variety of office users. Situated within an established commercial corridor on the south side of Great Falls, the property benefits from convenient access to major thoroughfares, nearby business services, retail amenities, and medical/professional offices. The combination of a recognizable standalone presence, quality construction, established tenancy, and strategic location makes this an appealing investment opportunity for both local and regional investors seeking dependable office income. Current income is $2400 per month. Tenant has been leasing the property since 2018. Lease is a modified gross lease with 2 years remaining on lease with (1) 5 year renewal option. Tenant pays: gas, electric, garbage, water, & sewer and a $200 per month contribution towards snow removal and lawn care. Landlord pays taxes and property insurance and is responsible for roof, foundation, exterior walls, parking lot, & exterior lighting.
Listing courtesy of: Eagen Real Estate
(Data provided by Gallatin-BigSky-BSC data)