Listed by Hardesty & Associates Real Estate
$260,000
Miles City Clinic Building
Details
Property Type Office
Sub Type Medical Office, Traditional Office
Square Footage 6,695
Units 9
Cap Rate 4.84%
NOI $12,596
Occupancy 100%
Tenancy Multi
Price per SqFt $39
Broker Co-Op Yes
Year Built 1959
Year Renovated 2016
Lot Size (SqFt) 12,300
Zoning commercial
Office | 4.84% CAP | 6,695 SqFt
Marketing description
COMMERCIAL INVESTMENT OPPORTUNITY! This 6,695 sq ft building has 11 individual office spaces with 4 long term leases and 4 other tenants that are established and wanting to remain. 2 suites with 5 offices each and 1 large open office with kitchen that includes 1 private office. 4 half bathrooms service the entire building. Large common/ reception area greets you as you use the main entrance. Off street parking in the back for +/- 12 vehicles that is lighted for safety. Diagonal parking on the west side of the building has been installed in the last year. Put your $$ to work for you. Current cap rate is 4.8%
Listing Contacts
Listed by Hardesty & Associates Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$12,596.00
$1,049.67/mo
Valuation Metrics
0
DSCR
4.84%
Cap Rate
4.84%
ROI
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