Sold
$450,000
10 beds 10.0 baths 15,377 SqFt 0.16 Acres

Prime Investment Opportunity Available

119 N Merrill Ave, Glendive, Montana 59330 | Dawson County


Details

As an investor, you’ll likely enjoy the higher returns on this property.  Located in Downtown Glendive, this building is a (+/-) 15,377 SF mixed-use property situated on a 7,052 (+/-)  SF lot, built in 1895.  The front main level on one side is currently being used as an office.  There is a seating area for clients, 4 offices, kitchen area, a board room, 2 employers’ bathroom and lots of storage. There are 6 + years left on this lease with the owner paying the utilities and water.    The main level on the other side is currently being leased as a 406 Taco and Pizza.  This place has an ADA bathroom, a commercial licensed kitchen, back room for prep, and employee bathroom, along with an office and a back storage area.  This too, is being sold with an assignable lease of 4 + years left, they pay for their own utilities and water.   Both places each have Central Air and Forced Air-Gas.  There is also additional space behind the office area.   The upstairs consists of Four 2-bedroom apartments and Two 1-bedroom suites, all rented now.  Each apartment has its own water heater and electric heat.  The utilities are paid by each renter, and the water is paid by the owner.  There is street parking and a public parking lot across the street.  Excellent opportunity to make that move now and get those benefits of owning your own business property.  Having your own freedom and control, building equity in the property, tax benefits, and appreciating value are all reasons to make that call and set up an appointment. As an investor, take advantage of the different property types in a single investment.    All figures are +/-, and all information provided is deemed reliable but is not guaranteed and should be independently verified

Property Features

  • Four 2-Bedroom Apartments
  • 2 -1 Bedroom Suite
  • Central/Forced Air/Electric He
  • Income Producing Property
  • 1 Restaurant Lease 4 +
  • 1 Office Building lease 6 + ye
  • Cap 14% per owners numbers
  • Street and Public Parking
  • Commercial Property
  • Businesses for Sale
  • Investment & Income
  • Call Jiselle (406) 365-7974

Property Details

Street Address:

  119 N Merrill Ave

Glendive:

  Glendive

State:

  Montana

Postal Code:

  59330

Country:

  United States

County:

  Dawson

Listing ID:

  25061-00791