Commercial Income Property for Sale in Havre, Montana

Building description:

Lot size: 1.79 acres

Building built: 1996        Building square footage: 7,102 main floor

            Basement: None, crawl space only

            Construction: Wood framed with brick siding, 8’ side walls

            Roof: Composition, good condition

            Heat system: Natural gas forced air;      Central air conditioned

            Parking area: Off street, concrete & gravel     2 public bathrooms

            Taxes: $7,647.97 (2016)       Insurance: $2,604.00

            Repairs: $1023.52    Utilities: $8,752.74

            Lawn care & snow removal: $4,335.25   Janitorial: $10,200

Lease: Leased to USDA Farm Services Agency and USDA Natural Resource Conservation Service

Current lease payment: $103,184.00  ($8,598.71 / month)

2016 Net Income:  $68,622.16  (2016 Total expenses: $34,562.48)

Current Lease renewed October 1^st, 2015, extended through December 31, 2018