2442 1st ave N, Billings, MT
Office for Lease - $1,495 Month
Property Info
CIMLS# | 471890 |
Location 2442 1st ave N Billings MT 59101 | |
Updated | August 19th, 2022 |
Type | Office |
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.