1109 6th Ave N - Assisted Livings FOR SALE


Great Falls, MT 59401
$1,600,000 USD
406-750-0276
1109 6th Ave N, Great Falls, MT for Sale
$1,600,000 USD
Assisted Livings - FOR SALE
1/67
null | Request Cap Rate

1109 6th Ave N
Great Falls, MT 59401


HIGHLIGHTS

  • Redevelopment Opportunity
  • Half a city block
  • Former Retirement Community
  • Commercial Kitchen

OVERVIEW

Redevelopment opportunity at the former Cambridge Place Retirement Community. Approx. 68,925 SF of interior space on approx. 1.265-acre lot. Built in 1929; remodeled in 1985 with steel studs throughout. Updates 2021-current. 10’-16’ wall height. Paved, off-street parking lot with security fencing. Some new windows and a security system with motion sensors. Zoned R-6 Multi-Family High Density; Buyer to verify its intended use with City. 2023 Taxes: $6,985.26. Structurally sound. Phase I & II, sprinkler bid, historic property records, and architectural drawings for 80+ living units available. Commercial kitchen. 2 elevators (one needs a complete upgrade; other needs belts). Cable ran to all rooms. ADA compliant doorways. Some mold remediation needed. The seller is actively working to clean up the property. ***Discretion Advised: Offensive graffiti on premises from vandals. *** Discretion Advised: Health-sensitive individuals should use precaution. ALL OFFERS WILL BE CONSIDERED. Being sold As-Is, Where-Is. Please allow at least 24 hours to schedule showings. The seller will turn power on and deactivate the alarm system for each showing.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$23 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Redevelopment Property for SALE

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

B

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

31

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

-

APN/PARCEL ID

02-3015-01-4-26-01-0000

ASK ABOUT THIS PROPERTY

Scott BlumfieldCatalyst CommercialMore Info
406-750-0276

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Scott BlumfieldCatalyst CommercialMore Info
406-750-0276

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.