Sale Pending
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MLS #:
Sq. Ft.:
Lot Size:
0.09 Acres
Yr. Built:
Commercial Building - Office Building
Custer: Miles City
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
Other Features:
Close Access to Highway
Office Building
Garbage Collection
Natural Gas
Power: MDU
Sewer: City
Water: City/Public
Listing offered by:
Monty Lesh - License# RRE-BRO-LIC-16659 with Lesh & Company - (406) 853-1523
Map of Location:
Data Source: Listing data provided courtesy of: Eastern Montana MLS (Data last refreshed: 10/04/22 1:40pm) - 208

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