410 Colorado Ave - Office FOR SALE


Laurel, MT 59044
$1,180,000 USD
406-869-0564
410 Colorado Ave, Laurel, MT for Sale
$1,180,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

410 Colorado Ave
Laurel, MT 59044


HIGHLIGHTS

  • Ideal Multifamily Redevelopment Opportunity

OVERVIEW

*For Sale $1,180,000 ($20 PSF) *2 Buildings Totaling 59,050 SF *Currently Occupied by the Laurel Public Schools *School is 50,454 SF *Auditorium is 7,900 SF *90,000 SF Lot *Zoned Residential 6000 *Built in 1910 *Ideal Multifamily Redevelopment Opportunity 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 current 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.

FOR SALE DETAILS

PRICE

$1,180,000 USD

PRICE/SF

$20 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,000 SF

ZONING

Residential 6000

APN/PARCEL ID

03-0821-09-4-22-01-0000

ASK ABOUT THIS PROPERTY

George WarmerColdwell Banker CBSMore Info
406-869-0564

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George WarmerColdwell Banker CBSMore Info
406-869-0564

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