790 Colleen Street$735,000

Helena, MT

5550.00 SF, 1.12 ACRES

$735,000

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Property Details

BIG PICTURE

Commercial

5550.00

FT2

1.12

ACRES

Description

Office building for sale with 7 years remaining on a federal lease (GSA). 6% in-place cap rate, supported by long-term tenancy from the USDA, whose occupancy has exceeded 20 years. Located just off US-12 within the established Inter-City Industrial Subdivision, the property offers convenient access and 35 on-site parking spaces on well-maintained asphalt. Great for investors seeking a passive and stabilized asset - the current owner has engaged a local professional property management firm, which is happy to remain in place to ensure continuity of operations. Located in the stable capital city of Helena, Montana, this property provides durable income backed by federal tenancy in a stable regional market.

PRICE

$735,000

FEATURES

    • MLS #: 30065614
    • Lot: 48,787.00 sqft
    • Commercial
    • Built in 1992
    • Cooling: Central Air
    • Heating: Forced Air, Gas
    • Price/sqft: $132.43
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Listed By: Mark J Runde, Coldwell Banker Commercial Green & Green

Co-Listed By: Tyler D Warne, Coldwell Banker Commercial Green & Green