2415 13th Avenue S, Great Falls, MT 59405

$425,000
1,894
SqFt

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List Price
$425,000
MLS#
411681
Status
ACTIVE
County
Cascade
City
Great Falls
Living Area
1,894
Acres
0.21
Property Subtype
Building

Property Description

Well-maintained professional office building located at 2415 13th Ave S in Great Falls, Montana, offering an excellent opportunity for investors seeking stable income from a long-term tenant in place. This standalone office property features an attractive architectural design with strong curb appeal, dedicated onsite parking, professional landscaping, and a highly functional layout suitable for a variety of office users. Situated within an established commercial corridor on the south side of Great Falls, the property benefits from convenient access to major thoroughfares, nearby business services, retail amenities, and medical/professional offices. The combination of a recognizable standalone presence, quality construction, established tenancy, and strategic location makes this an appealing investment opportunity for both local and regional investors seeking dependable office income. Current income is $2400 per month. Tenant has been leasing the property since 2018. Lease is a modified gross lease with 2 years remaining on lease with (1) 5 year renewal option. Tenant pays: gas, electric, garbage, water, & sewer and a $200 per month contribution towards snow removal and lawn care. Landlord pays taxes and property insurance and is responsible for roof, foundation, exterior walls, parking lot, & exterior lighting.

Additional Information

Days on Market
104
Year Built
1950

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Calculator source: Real Geeks

Courtesy of Jessie Eagen with Eagen Real Estate.