406 Grand Ave - Freestanding FOR SALE


Billings, MT 59101
$310,000 USD
406-781-6889
406 Grand Ave, Billings, MT for Sale
$310,000 USD
Freestanding - FOR SALE
1/23
null | Request Cap Rate

406 Grand Ave
Billings, MT 59101


HIGHLIGHTS

  • Ideal Owner/User or Investment Property
  • Recently Remodeled Building

OVERVIEW

*Barber Shop + Studio Apartment Rental for Sale *For Sale $310,000 *Ideal Owner/User or Investment Property *Barber Shop & Apartment Have Been Recently Remodeled *Barber Shop Leased for $1,200/mo (Month to Month) *Apartment Leased for $1,200/mo *1,280 SF Building *Zoning NMU-Neighborhood MixedUse Located at 406 Grand Ave in Billings, MT, this newly remodeled 1,280 SF building offers a unique investment opportunity with dual income potential. The fully leased barber shop generates $1,200/month and the studio apartment above is also bringing in $1,200/month, making it an ideal property for an owner/user or savvy investor. Perfectly zoned for Neighborhood Mixed-Use, this property is a great fit for a barber shop, salon, esthetician, tattoo shop, or other entrepreneurial ventures, all while providing a steady rental income stream.

FOR SALE DETAILS

PRICE

$310,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1939

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

Neighborhood Mixed Use

APN/PARCEL ID

03-0927-04-2-28-16-0000

ASK ABOUT THIS PROPERTY

Nathan Matelich, CCIMColdwell Banker CommercialMore Info
406-781-6889

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Nathan Matelich, CCIMColdwell Banker CommercialMore Info
406-781-6889

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