236 E Glendale St - Office FOR SALE


Dillon, MT 59725
$259,000 USD
406-490-1415
236 E Glendale St, Dillon, MT for Sale
$259,000 USD
Office - FOR SALE
1/15
null | 6.9% Cap Rate

236 E Glendale St
Dillon, MT 59725


HIGHLIGHTS

  • Busy street in Dillon, Montana
  • Sturdy masonry construction
  • Spaces can be used for a variety of purposes

OVERVIEW

This 3-suite commercial building in Dillon, Montana is a commercial investment property opportunity. The building has brought in gross revenue of $2,025 per month ($24,300 annually) and requires very little upkeep or further improvements. The building is located on one of the busiest streets in Dillon, Montana. Building has been rented to various types of businesses over the last few years, here is a breakdown of the suites: Suite #1 address is 234 East Glendale, this unit has been rented out as a counseling practice and a collectibles business. This suite features a waiting room area, counter space, bathroom, and several office options. It has a newly installed heater, and has rented for $675 per month. Suite #2 address is 236 East Glendale, this unit has been rented out as headquarters for a heating contractor. This suite features an entry lobby, several office options, bathroom, and it has doors on both Glendale and South Pacific Street. It has rented for $650 per month. Suite #3 address is 109 South Pacific, this unit has been rented as a thrift store and a real estate agency. It features a conference room, office options, bathroom, and a counter space and lobby area. This unit has rented for $700 per month. The building's external shell is constructed of concrete blocks, so it is a very sturdy and weather resistant building. Owners currently pay for the water service monthly, which is $49 per month. They did this in order to simplify billing, as the building has one adequate water supply with piping to each suite bathroom. Tenants pay their own electrical, gas, and internet utility bills. Each suite has its own electrical panel board. Owners are negotiable on the selling price.

FOR SALE DETAILS

PRICE

$259,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

English Professional Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,817 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brandon DeShawDeShaw Property CoMore Info
406-490-1415

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Brandon DeShawDeShaw Property CoMore Info
406-490-1415

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.