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Karen and Ed Thomes
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(406) 587-9566
Mobile Phone:
(406) 570-6070
ed.thomes@
bhhsmt.com
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FOR SALE
$1,395,000
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1900 N Last Chance Gulch
Helena, MT 59601

Other
Residence
11,712
Sqft
0.275
Lot Size
Courtesy: Justin Joyner - Montana Land Buyer Realty

Description for 1900 N Last Chance Gulch Helena, MT 59601

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

Property Details

380553
Other
Lewis and Clark
1949
0.275 Acres
Public Water
Public Sewer
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Courtesy: Justin Joyner - Montana Land Buyer Realty
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS.
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Member of: Berkshire Hathaway HomeServices Montana Properties, (406) 587-9566
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Karen and Ed Thomes

2001 Stadium Dr. Ste. A, Bozeman, MT 59715 | Phone: (406) 570-6070 | Email: ed.thomes@bhhsmt.com

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