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3701 S 56th Street W

Billings, MT 59101
  • $399,500
  • STATUS: Active
  • ON SITE: 196 Days
  • MLS #: 344970
$399,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,650
    SQFT
  • $151
    $/SQFT
Neighborhood:
Curly Willow Sub
Type:
Commercial-Lease
Built:
2011
County:
Yellowstone
Area:
(05) Southwest Billings/Blue Creek/Duck Creek

School Ratings & Info

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Description

FOR SALE/Investment Opportunity: $399,500. 2,100 SF shop with 550 SF of 2nd floor man cave. Currently leased for $2850/month plus utilities. 7% CAP Rate. NOI $29,480. Lease expires 11/30/2024 with (2) 1-year renewal options. Association dues are $300/quarter, includes water, dumpster, and structural insurance. In floor heat, overhead door with opener. Main level office space.

© 2024 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 10/10/2024.
www.searchbillingsrealestate.com/homes/148938889
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3701 S 56th Street W Billings, MT 59101

  • Price: $399,500
  • Status: Active
  • On Site: 196 Days
  • MLS #: 344970
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,650
SQFT
$151
$/SQFT
2011
Built
Neighborhood:
Curly Willow Sub
County:
Yellowstone
Area:
(05) Southwest Billings/Blue Creek/Duck Creek
Property Description
FOR SALE/Investment Opportunity: $399,500. 2,100 SF shop with 550 SF of 2nd floor man cave. Currently leased for $2850/month plus utilities. 7% CAP Rate. NOI $29,480. Lease expires 11/30/2024 with (2) 1-year renewal options. Association dues are $300/quarter, includes water, dumpster, and structural insurance. In floor heat, overhead door with opener. Main level office space.
Exterior Features

Lot Features Alley Parking Features Paved Parking Total 4 Road Surface Type Asphalt Roof Shingle

Interior Features

Above Grade Finished Area 0 Appliances Refrigerator Heating Forced Air Gas Hot Water Heating YN Yes Levels Two Main Level Bathrooms 0

Property Features

Building Features Alley Loading Grade Level Loading Private Restrooms Current Use Industrial Warehouse Disclosures Sellers Disclosure Not Available Insurance Expense 1200 Lease Amount 2850 Listing Terms Cash New Loan Possession Close Of Escrow Property Condition Resale Property Sub Type Office Property Sub Type Additional Office Warehouse Sewer Community / Coop Sewer Structure Type Office Warehouse Tax Annual Amount 2319 Water Source Community / Coop Shared Well Zoning Description UNZON

Listing information © 2024 Billings Association of Realtors MLS
Listing courtesy of Rica Dombrovski of Montana Listings: 406-794-6896
© 2024 Billings Association of REALTORS® and Billings Multiple Listing Service. All rights reserved. Information deemed reliable, but not verified or guaranteed. Users are responsible for check the accuracy, completeness, currency, and status of all information. Data last updated 10/10/2024.
 
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