410 Colorado Avenue, Laurel, MT
Multi-family for Sale - $1,180,000 - 59,040 Sq. Ft. on 2.07 acres
Agent Info
| Nathan Matelich Coldwell Banker Commercial CBS |
Property Info
| CIMLS# | 1147685 |
| Location 410 Colorado Avenue Laurel MT 59044 | |
| Updated | September 27th, 2023 |
| Type | Multi-family |
| Price | $1,180,000 |
| Building | 59,040 Sq. Ft. |
| Land | 2.07 acres |
Property Description
410 Colorado Avenue is located in the heart of Laurel, MT and is the perfect multifamily or residential condo redevelopment project. Listed at $20 PSF, a buyer has the opportunity to purchase land and building “shell” for significantly less than what new construction costs today. The City of Laurel is rapidly growing and currently has a shortage of apartment rentals or condos. Laurel Public Schools currently occupies a small portion of the building and would need to work out an exit strategy or short term lease back with a potential buyer.
*Currently Occupied by the Laurel Public Schools
*For Sale $1,180,000 ($20 PSF)
*2 Buildings Totaling 59,050 SF
*School is 50,454 SF
*Auditorium is 7,900 SF
*90,000 SF Lot
*Zoned Residential 6000
*Built in 1910
*Ideal Multifamily Redevelopment Opportunity