920 NE Main St - Office FOR SALE


Lewistown, MT 59457
$6,440,000 USD
406-599-3386
920 NE Main St, Lewistown, MT for Sale
$6,440,000 USD
Office - FOR SALE
1/26
null | 6.25% Cap Rate

920 NE Main St
Lewistown, MT 59457


HIGHLIGHTS

  • Long-Term U.S. Government Tenant: The property is anchored by the Bureau of Land Management (BLM), a reliable and long-term tenant.
  • High-Quality Facility: The building is in excellent condition, equipped with city water and sewer, and other amenities.
  • Energy Star Certified: This building is Energy Star certified, meeting strict energy efficiency guidelines set by the EPA.
  • Ample Parking: The property includes 85+ parking spaces, making it convenient for tenants and visitors alike.
  • Strategic Location: Positioned on 5.92 acres of land within the C3 - Highway Commercial zoning, the property offers easy access and visibility..
  • Strong Financials: With a 6.25% cap rate, this property delivers a solid return on investment, backed by the security of a government lease.

OVERVIEW

Discover an exceptional investment opportunity in Lewistown, Montana, featuring a Class "B" office facility in excellent condition with 6.25% CAP. This 30,000+ square foot, single-story building, built in 2004 and renovated in 2015, serves as a regional field office for the Bureau of Land Management (BLM), a reliable and long-term tenant with a lease extended through January 2030. Conveniently located on the Eastern edge of Lewistown with easy access from U.S. Hwy 87 and MT 200, this field office and warehouse serves 750,000+ acres of public land spanning across eight Montana counties, and provides a central hub for its fieldworkers and law enforcement. This is a rare opportunity to acquire a high-quality, income-producing asset with a government-backed lease. All inquiries and showings will be handled through the listing agent. Please do not contact, visit, or inquire of the BLM

FOR SALE DETAILS

PRICE

$6,440,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

195

LAND DETAILS

LAND ACRES

5.92 AC

LAND SF

257,875 SF

ZONING

Commercial

APN/PARCEL ID

08-2467-11-4-08-07-0000

ASK ABOUT THIS PROPERTY

Katharine HamiltonColdwell Banker Distinctive Properties - BozemanMore Info
406-599-3386

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Katharine HamiltonColdwell Banker Distinctive Properties - BozemanMore Info
406-599-3386

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