For Sale

9 N 32nd St

14119

Property ID

3,700 sf

Size

$480,000.00

Description

  • 9 N 32nd St, Billings
  • Downtown Retail Investment Property for Sale
  • Long Term Tenant Servicing Billings Since 1977
  • $480,000
  • 3,700 SF Building
  • New 5 Year Lease Recently Signed
  • Net Operating Income = $33,898
  • 7.1% Cap Rate
  • 2% Yearly Rent Escalators

9 N 32nd St is the home to a long term tenant with roots going back to 1977. With a new 5 year lease and tenant responsible for 100% of the maintenance, this investment property is perfect for someone looking for a true “mailbox money” investment property. This property benefits from its central location and retail exposure on Montana Ave.

Address

Address: 9 N 32nd St, Billings, MT
  • Country: United States
  • Province / State: Montana
  • City / Town: Billings
  • Postal code / ZIP: 59101
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  • Property ID 14119
  • Price $480,000.00
  • Property Type Investment-Property, Retail
  • Property status For Sale
  • Size 3,700 sf
  • Lot Size 6.500 sf
  • CAP Rate 7.1%
  • Zoned CBD-Central Business District

File Attachments

Brochure-9-N-32nd-St-August-2022.pdf Download

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Contact

Nathan Matelich, CCIM

Property Agent
(406) 781-6889
nathan@cbcmontana.com
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