Basics
- Date added: Added 4 months ago
- Category: Commercial
- Rent Period: Gross
- Type: Retail
- Status: Active
- Half baths: 0
- Area: 3120 sq ft
- Year built: 1994, Existing
- Zone: Neighborhood Mixed-Use
- County Or Parish: Yellowstone
- Land Sq Ft: 10497 sq ft
- DOM: 0
- MLS ID: 357159
Description
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Description:
Lots 24, 25 & 26 Block 3 Yellowstone Addition, S04, T01S, R26E Midtown free standing retail building. Solid investment property or excellent retail location for owner/user with flexibility for multiple uses---retail, office, medical. Free standing brick faced building on the corner of Broadwater and 7th St W, interior remodeled in 2010. Front portion is showroom/retail and the back portion has offices, two bathrooms, breakroom and secure storage. 720 sq ft basement provides additional storage and holds the mechanical room. Re-roofing in 2022. Long term tenant, current lease expires 1/31/27, $3800/mo = $45,600 less taxes and ins of $6889 = $38711 or a 7.2% return cash on cash at full price. Latest traffic count 2023 1 block east 16,070.
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Location
- Road Surface: Asphalt
- Directions: SE corner of Broadwater and 7th St W.
Building Details
Amenities & Features
- Sewer: Public
- Cooling: Central
- Parking Desc: Blacktop,Street
- Heating: Gas Forced Air
Miscellaneous
- Possession: At Closing
- Present Use: Retail
- Road Frontage: 75
- Sales Includes: Building
- Showing Instructions: Agent Must Accompany,Appointment Needed
- Subdivision: Yellowstone Addition
- Parcel Number: A18889
- Occupancy: Tenant
- Misc Equipment: Sign Remains
- List Office Name: Romine Real Estate
- Insurance: $3,009
- Office Sq Ft: 0 sq ft
Fees and Taxes
- Tot Taxes: $3,880
- Gross Annual Income: $45,600
- Annual Utility Costs: 0