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312 W Main Street W

Belgrade, MT 59714
  • $4,000,000
  • STATUS: Active
  • ON SITE: 139 Days
  • MLS #: 384526
UPDATED: 44 min ago
$4,000,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 29,590
    SQFT
  • $135
    $/SQFT
Type:
Commercial
Built:
2003
County:

School Ratings & Info

Description

This is a rare opportunity to acquire a highly profitable and fully leased strip mall in the heart of downtown Belgrade. Boasting a sought-after location, excellent tenant occupancy, high traffic counts and below-market rates, this investment offers an attractive cap rate of 8.2% and incredible potential for future growth. The property has never been on the market before and is situated on leased land, providing an ideal prospect for savvy investors seeking a stable income stream and long-term appreciation. Digital sign is currently being under utilized, adding another income source. 4 separate buildings with 11 stable and successful tenants. Have a lender in place to help underwrite this income producing property for you.

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© 2023 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Montana Life Real Estate. Data last updated: 2023-12-11T15:52:25.71.
www.montanalifere.com/homes/141788162
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312 W Main Street W Belgrade, MT 59714

  • Price: $4,000,000
  • Status: Active
  • On Site: 139 Days
  • Updated: 44 min ago
  • MLS #: 384526
0
Beds
0
Baths
0
½ Baths
N/A
Acres
29,590
SQFT
$135
$/SQFT
2003
Built
Neighborhood:
3B - Belgrade City Limits
County:
Gallatin
Area:
3B - Belgrade City Limits
Property Description
This is a rare opportunity to acquire a highly profitable and fully leased strip mall in the heart of downtown Belgrade. Boasting a sought-after location, excellent tenant occupancy, high traffic counts and below-market rates, this investment offers an attractive cap rate of 8.2% and incredible potential for future growth. The property has never been on the market before and is situated on leased land, providing an ideal prospect for savvy investors seeking a stable income stream and long-term appreciation. Digital sign is currently being under utilized, adding another income source. 4 separate buildings with 11 stable and successful tenants. Have a lender in place to help underwrite this income producing property for you.
Exterior Features

Other Parking 26 Or More Parking Features Paved Road Frontage Type

Interior Features

Above Grade Finished Area 0 Building Area Total 29590 Cooling VariesbyunitWallwindowunits Cooling YN Yes Heating ForcedairGas Heating YN Yes

Property Features

Listing Terms CashItem3rdpartyfinancing Ownership Full Possession ClosingfundingClosing Possible Use MedicaldentalOfficeRestaurantRetail Sewer Publicsewer Special Listing Conditions None Street Additional Info 212312412512 Tax Annual Amount 52000 Tax Year 2022 Tenant Pays ElectricityGasGroundscareInsuranceMinorinteriormaintenanceOtherParkingfeeSewerTaxesTrashcollectionWater Utilities ElectricityavailableNaturalgasavailablePhoneavailableSeweravailableWateravailable Water Source Public Zoning Downtown District Zoning Description B3 - Central Business

Listing courtesy of Todd Walter of Canzell Realty: 757-717-1003. © 2023 Big Sky Country MLS. All rights reserved.


© 2023 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Montana Life Real Estate. Data last updated: 2023-12-11T15:52:25.71.
 
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