409 Central Avenue$30,000
Fairfield, MT
2300.00 SF, 0.07 ACRE
$30,000
Property Details
BIG PICTURE
Commercial
2300.00
FT2
0.07
ACRE
Description
Have you ever dreamed of owning and publishing a newspaper? This is it. Add to the dream, the opportunity to connect to a small Montana town steeped in history. What is now The Times Leader has evolved from The Fairfield Sun Times, The Sun Valley Sun and Fairfield Times; which was established in 1916. Small towns are still overwhelmingly loyal to their local newspapers, gaining strong support from the community. The paper percentage of advertising has gone as high as 80 percent for The Times Leader. The seller took the reins in 2007 and he has grown the paper with about 430 subscribers and distribution in Augusta, Fairfield, Choteau, Sun River, Simms, Vaughn and Great Falls. The paper also publishes special editions, like the program/book for the Augusta Rodeo and for graduation, swim day and the paper has rights for several local books, which would pass to a new buyer. The paper prints specialty items like NCR forms, custom envelopes and carbon forms. Additional income is also generated from an association with newspapers.com, which catalogs newspapers. The sale includes personal property: office furniture, a microfilm reader, shelving, a Martin Yale paper folder, a Risograph G3750 with ink and paper, a Pioneer paper drill, a bindery stapler, padding machine, paper cutter, a Fellowes PB 400 plastic binder and bound books with historic, original, old Fairfield Sun Times, Sun Valley Sun and Wheat Center Newspaper. Seller will work with a buyer to make the transition. Also, see a package listing with the newspaper and the real estate.PRICE
$30,000
FEATURES
- MLS #: 30070715
- Lot: 3,223.44 sqft
- Commercial
- Built in 1946
- Price/sqft: $13.04
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