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Helena, Montana

Helena, Montana

Asking Price: $1,570,000 | 6% Cap Rate

Type: Real Estate Investment

Size: 11,844 sqft. | .28 acres

- Full description below -
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Helena, Montana

 

🏙️ Prime Commercial Investment Opportunity! 💼

💼 Investment Highlights:

  • High Traffic Count Location
  • 12 Diverse Units Ready for Business
  • Dispensary Tenant with Financing Option
  • Solid 6% Cap Rate Investment
  • Close Proximity to Campus and Downtown
  • Well-Maintained Building with Mountain Views

🏢 Executive Summary: Unveil the potential of a versatile 12-unit commercial building in the heart of Helena. Designed to cater to various business types, this property offers an exciting investment prospect. The units come in varying sizes, accommodating a range of businesses. The current mix includes a dispensary, commercial kitchen, professional photographer, salon, and tattoo parlor. Some units are already leased with long-term tenants, while others stand ready for fresh endeavors. This well-maintained building has been managed by the current owner, who is actively filling vacancies to maximize returns.

🏢 Property Overview: Situated on a corner lot, this 11,844-square-foot building boasts a two-story structure that has been thoughtfully renovated in 2021. The location benefits from a high traffic count and offers stunning mountain views. The property's zoning, classified as B-2 (general commercial) by the city of Helena, allows for an array of commercial and service uses. The rich diversity of tenants ensures a vibrant environment.

💰 Financial Snapshot:

  • Price: $1,570,000
  • Price Per SF: $133
  • Cap Rate: 6%
  • Net Operating Income (NOI): $94,200
  • Percent Leased: 100%

🏢 Investment Appeal: This investment presents an enticing proposition with an attractive 6% cap rate. The diversified tenant mix, including a dispensary tenant, contributes to a stable and potentially lucrative income stream. Additionally, a bank is open to financing options with the dispensary tenant in place, offering a unique opportunity for the next owner. The property's location close to the campus and downtown area further enhances its appeal, ensuring a consistent flow of potential customers.

📞 Contact and Information: For more details or to explore this investment opportunity, reach out to the listing agent. Discover the potential of this well-positioned commercial property in Helena, where high traffic, mountain views, and diverse tenants converge for an exciting and promising investment journey. 🏙️🏢

Offered exclusively by Owner or Licensed Agent/Broker

Listing # 10623

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