114 And 110 Main Street$1,850,000
Stevensville, MT
0.24 ACRE
$1,850,000
Property Details
BIG PICTURE
Commercial
0.24
ACRE
Description
INVESTMENT OPPORTUNITY! An exceptional opportunity to acquire two adjacent commercial properties in the heart of downtown Stevensville. Located side-by-side on Main Street, 114 and 110 Main Street offer an investor the opportunity to have a combined downtown presence with established commercial uses and long-term tenancy. Known as The McLaughlin Building, 114 Main Street was constructed in 1907 using locally manufactured red brick and sits on a 6,300 SF lot. Original uses include a buggy salesroom, a Chinese laundry, and a blacksmith shop. Today it’s home to Blacksmith Brewing Company, a long-term tenant that has operated at this location since 2008. The building provides distinctive character and an established presence along Main Street. The brewery equipment is included with the sale. The beer/wine license is tenant-owned is not included with the sale of the real estate. 110 Main Street is a smaller commercial building on a 4,200 SF lot. Built in 1962, it currently houses a local restaurant and has a long history of restaurant use. The location on Main Street provides excellent visibility within Stevensville's established downtown business district and offers flexibility for a variety of commercial uses, subject to applicable zoning (C-1) and permitting requirements. Together, the properties provide an opportunity to own two adjacent Main Street assets with complementary uses, established occupancy, and a prominent position within downtown Stevensville. The properties are being offered together as a package, providing a buyer with the potential to own a meaningful portion of this established downtown block and benefit from the combined ownership of two adjacent commercial properties. Leases generate $126,000 in annual rental income, plus NNN.PRICE
$1,850,000
FEATURES
- MLS #: 30080842
- Lot: 10,506.00 sqft
- Commercial
- Built in 1907
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