Good income, listed at a 6.5% cap rate based on 2025 leases currently in place.
Financials accessible in data files available for download here on LoopNet.
Consistently cash flowing investment opportunity with many long-term tenants and historically no vacancy.
Fully leased commercial building located in downtown Libby.
Nicely finished professional office location.
HearUSA is a national tenant, along with three other tenants (a CPA office, a massage therapy office, and a cleaning company) in the building with long-term tenancy.
With many recent improvements including a new 15 YR Roof in 2021, new exterior painting in 2022 and a new sewer plumbing line installed in 2022. Well maintained facility with tenants who are meticulous about cleaning and upkeeping the property. Tenants do nearly all on-site maintenance making this an almost entirely turn-key investment opportunity great for a 1031 exchange or any other form of solid investment.
317 Mineral Avenue is built in the heart of the steadily growing town of Libby, MT which is located in the heart of Montana's breathtaking Cabinet Mountain Range.
Libby is surrounded by endless outdoor activities including fly fishing, hunting, backpacking, rafting, kayaking, hiking, ATV trails and so much more attracting more and more people to build their businesses, homes and families here.