
Helena, Montana
Type: Real Estate Investment
Size: 11,844 sqft. | .28 acres
- Full description below -
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. 🏙️🏢
Market Intelligence Property
This opportunity is included as part of GreenZones' ongoing coverage of cannabis commercial real estate activity in this market.
View the complete market overview, licensing data and additional opportunities:
Montana Market Intelligence → https://www.greenzones.us/montana
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