Listing Detail
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Price:
$239,000 
MLS #:
341959
Sq. Ft.:
7000
Lot Size:
0.09 Acres
Yr. Built:
1905
Type:
Commercial
Commercial Building - Office Building
Area:
Custer: Miles City
Address:
509 Main St
Miles City, MT 59301
509 Main Street
Main street building with State of Montana lease for sale. 2 story building with full basement. State lease is for the main floor only, 2,100 sq ft. Probation and Parole has occupied the space for 18yrs. State lease is for 3 year term, with current lease expiring June 2023. There is an additional 1,000 sq ft of cold storage on the back of the main level. The upper level is unfinished and accessed by a staircase, that is shared with the adjoining building. This area has possibilities as living space, storage area, etc.The basement is unfinished as well and suitable for storage. There are (2) parking spaces off the alley. The buidling is OUT of the FLOOD ZONE. Landlord pays all utilities, provides janitorial, maintenance, snow removal, etc. Based on current rent of $13.50/ft for the main floor only, the property has a CAP rate of 6.52% at the $239,000 asking price.
Interior Features:
Flooring- Carpet
Flooring- Linoleum
Exterior Features:
Close Access to Highway
Utilities:
Garbage Collection
Natural Gas
Power: MDU
Sewer: City
Water: City/Public
Listing offered by:
Monty Lesh - License# RRE-BRO-LIC-16659 with Lesh & Company
Map of Location:
Data Source: Listing data provided courtesy of: Eastern Montana MLS (Data last refreshed: 05/22/22 7:15pm) - 73

Notice & Disclaimer: All listing 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 not guaranteed to be accurate. All measurements (including square footage and acreage) should be independently verified by the buyer. The listing broker's offer of compensation (BOC) is made only to MLS participants.
More Information
Monty Lesh
Monty Lesh - Broker/Owner
Lesh & Company
Office: (406) 234-1523
Cell: 406-853-1523
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Down Payment: $
Mo. Payment: $
Calculations are estimated and do not include taxes and insurance. Contact your agent or mortgage lender for additional loan programs and options.
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