$825,000
$875,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
1705 Us-2 Havre, MT 59501
5,542 SqFt
Key Details
Sold Price $825,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,542 sqft
Price per Sqft $148
MLS Listing ID 22114662
Sold Date 12/29/21
Construction Status Excellent
HOA Y/N No
Year Built 2005
Annual Tax Amount $7,856
Tax Year 2020
Lot Size 0.690 Acres
Acres 0.69
Property Sub-Type Retail
Property Description
Remarks: Montana Land Company is pleased to exclusively offer an opportunity to acquire a fee simple interest in a two tenant retail building leased to Cellular Plus (Verizon Premium Retailer) and Northwest Farm Credit Services in Havre, MT the county seat of Hill County. Cellular Plus has been operating at this location since 2007, while Northwest FCS commenced their lease in 2018. There is an average remaining lease term of roughly 8 years with attractive rental increases approximately every five years in each term, inclusive of the five year option that remains for each tenant. The building sits along US 2, the main thoroughfare in the city that carries more than 9,000 VPD and features nationally recognized retailers such Walmart, McDonald's and KFC, among others.
Location
State MT
County Hill
Zoning Commercial
Interior
Interior Features High Speed Internet
Fireplace No
Exterior
Parking Features Paved, Parking Lot
Utilities Available Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Not Available
Waterfront Description None
Present Use Retail
Building
Lot Description Few Trees
Foundation Poured
Construction Status Excellent
Others
Tax ID 12444106302230000
Financing Cash
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Bought with Montana Land Company