145 Grand Ave, Billings, MT

Office for Sale - $1,150,000 - 8,117 Sq. Ft. on 14000 acres


Agent Info

Erik Caseres
Coldwell Banker Commercial CBS

Property Info

CIMLS#1158699
Location
  145 Grand Ave
  Billings MT 59101
UpdatedMay 4th, 2024
TypeOffice
Price$1,150,000
Building8,117 Sq. Ft.
Land14000 acres

Property Description

Property Highlights

Two Properties included in the sale! 145 Grand Ave. is a 8, 117sf professional office building 135 Grand Ave. is a 2 bed/1 bath rental property located next door Both Properties are zoned NO (Neighborhood Office) Price: $1,150,000 Seller Financing is available!!! Don't miss this prime Investment Opportunity with Rental Income and Potential for Growth!

This impressive professional office building boasts 8,117 square feet of versatile space, currently housing long-term tenants ranging from CPAs to therapists and real estate professionals. But wait, there's more! Included in this exceptional package deal is the charming two-bedroom, one-bathroom single-family home located next door which is already generating $1,250/month in rental income.

With low vacancy rates and new long-term leases secured, this property is a solid choice for savvy investors seeking stability and growth; Or for those who are ready to take their business to the next level by owning their very own building!

Why continue to lease when you have the option of letting your tenants cover your overhead costs? 145 Grand Avenue offers the perfect response to this question. As the new owner, you have the option to setup shop in one of these suites while collecting rental income from the remainder of the building and the single family home next-door.

Both properties are situated on Grand Ave. and the office building is equipped with monument signage offering unparalleled visibility to over 20,000 passing cars daily. Any business will thrive in this bustling location (close to downtown but easily accessible to all areas of Billings). Zoning for each building is NO (Neighborhood Office), making the possibilities endless - whether you're looking to expand your business operations or secure a steady income stream, this is the perfect investment opportunity to achieve your long-term objectives!

But the perks don't stop there! The owner is open to considering Seller Financing offers, making this investment even more accessible. Plus, with the adjacent single-family home included, you have the added flexibility of redevelopment potential or maintaining it as an additional source of rental income.

Don't miss out on this exceptional opportunity to secure your financial future. Contact Erik Caseres to schedule a viewing and take the first step towards owning a lucrative piece of prime real estate on Grand Ave!


Financials



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