For Lease

2442 1st Ave

14475

Property ID

1,950 sf

Size

$9.20 / sf G

Description

Office Space for Sale & Lease

$399,000
Lease Rate: $1,495.00 per month (Gross)
6% cap rate, Seller Financing Available

50% occupied – $1500 month tenant is Riverstone Health with 2 years with escalators
and 5 year extensions. They may wish to expand.
50% vacant available for lease – see lease info below.
The historical rents were $1500 month for both suites. $36,000 yr gross rents.
*Approximate conservative net income would be $30,000 yr. 5.4% cap rate at $549,000.

 

Highlights

7 private offices, Break Room, & Storage downstairs
Conference Room, Lobby, & His and Her separate bathrooms
Landlord pays water and gas. Tenant pays electric.
50% vacant available for lease – see lease brochure. 7 private offices with
conference room.
Open parking or lease parking for $25 month.

 

Size

Building Size: 4930 SF
Above ground: 3432 SF
Basement #1: 900 SF
Basement #2: 598 SF

Address

Address: 2442 1st Ave N, Billings MT
  • Country: United States
  • Province / State: Montana
  • City / Town: Billings
  • Postal code / ZIP: 59101
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  • Property ID 14475
  • Price $9.20 / sf G
  • Property Type Office
  • Property status For Lease
  • Size 1,950 sf
  • Lot Size 3500 SF
  • Zoning Central Business District

File Attachments

2442-1st-Ave-N-Brochure-2022.pdf Download

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Contact

Shaylee Green

Property Agent
(406) 208-7723
shaylee@cbcmontana.com
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