Property Listing No Longer Available for Lease

2442 1st ave N, Billings, MT

Office for Lease - $1,495 Month


Property Info

CIMLS#471890
Location
  2442 1st ave N
  Billings MT 59101
UpdatedAugust 19th, 2022
TypeOffice
Price$1,495 Month

Property Description

Was $495,000

NOW $399,000

50% occupied - $1500 month tenant is Riverstone Health with 2 years with escalators

and 5 year extensions. They may wish to expand.

50% vacant available for lease – see lease info below.

The historical rents were $1500 month for both suites. $36,000 yr gross rents.

*Approximate conservative net income would be $30,000 yr. 6% cap rate at

$399,000.

Seller Financing Availalbe

FOR LEASE - VACANT

7 private offices, Break Room, & Storage downstairs

Conference Room, Lobby, & His and Her separate bathrooms

Landlord pays water and gas. Tenant pays electric.

50% vacant available for lease – see lease brochure. 7 private offices with

conference room.

Open parking or lease parking for $25 month.



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