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14814857
14814843

46 S 1st St E, Malta, MT 59538

United Country Real Estate
Listed by United Country Real Estate
$550,000
857 days on market
Updated 30 days ago

14-Unit Office Center in Malta

Details
Property Type Office
Sub Type Traditional Office
Square Footage 8,969
Units 14
Tenancy Vacant
Price per SqFt $61
Year Built 1961
Lot Size (SqFt) 11,850
Investment Type Owner/User

Income-producing business center on Malta, MT main street.

Marketing description

Explore Multiple Office Spaces or Invest in a Profitable Commercial Venture in Malta, MT

An exciting opportunity awaits those in need of multiple office spaces or seeking ownership of an income-producing business in Malta, Montana. We proudly present this turn-key investment property, encompassing 8,969+/- square feet, located at 46 S 1st St E on Malta's main street, known as the "Malta Business Center." This commercial lot, measuring 26' x 97', offers a prime location within Malta's highway commercial district (H-C), strategically positioned just one block away from Highway 191 S and Highway 2.

The property boasts high visibility and a bustling atmosphere, attracting a steady flow of passers-by due to its central location. The main level, totaling 8,969+/- square feet, has undergone a comprehensive remodel in recent years, transforming the space into a versatile 14-unit business and office center.

Multi-Unit Business Center with Diverse Office Spaces for Sale in Phillips County, Montana

The main floor features an owner's office, utility room, men's and women's restrooms, a spacious hallway, and 14 distinct office spaces. Among these, one serves as a conference room, while another functions as an office suite with four office spaces, a small break room, and a dedicated exterior entrance.

Parking is available on the main street and a new asphalt slab at the back, accessible through the alley. The office spaces vary in size, providing flexibility for different business needs: (2) 190+/- sq ft, (5) 280+/- sq ft, (2) 460+/- sq ft, (1) 530+/- sq ft, (1) 752+/- sq ft suite, and (2) 403+/- sq ft offices, including two 135+/- sq ft units and a shared 133+/- sq ft foyer.

Equipped with Wi-Fi access points throughout, the facility offers rental options for the conference room and vacant rooms on a monthly, daily, or hourly basis. Charges cover Wi-Fi, utilities, and conference room access, with monthly prices ranging from $250 to $1,200, a daily rate of $50, and an hourly rate of $10.

The versatile spaces have previously hosted holiday vendor shows, workshops, meetings, business training, art shows, and more. Located across from Veterans Memorial Park and the Amtrak Station, the Malta Business Center stands amidst other main street businesses, making it a convenient and ideal starting point for small businesses.

With over 8 years of successful operation under the current owner, the Malta Business Center has proven to be a profitable and established business. Qualified buyers can access the income statement. The property is ready for a new owner to step in and continue its success.

Average utilities for the last 12 months were NWE: $372.04/month, MDU: $410/month, and City of Malta (garbage, sewer, and water): a minimum of $80.50/month. The 2022 taxes amounted to $4,777.34. Schedule a private showing of this property today, and virtual tour and interactive map options are available upon request.

Listing ID: 25008-04789

Listing Contacts

United Country Real Estate
Listed by United Country Real Estate

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