410 Colorado Ave, Laurel

*For Sale $1,180,000 ($20 PSF)
*2 Buildings Totaling 59,050 SF
*Currently Occupied by the Laurel Public Schools
*School is 50,454 SF
*Auditorium is 7,900 SF
*90,000 SF Lot
*Zoned Residential 6000
*Built in 1910
*Ideal Multifamily Redevelopment Opportunity

410 Colorado Avenue is located in the heart of Laurel, MT and is the perfect multifamily or residential condo redevelopment project. Listed at $20 PSF, a buyer has the opportunity to purchase land and building “shell” for significantly less than what new construction costs today. The City of Laurel is rapidly growing and currently has a shortage of apartment rentals or condos. Laurel Public Schools current occupies a small portion of the building and would need to work out an exit strategy or short term lease back with a potential buyer.