For Sale
$299,000

2000 Clark StMiles City, MT 59301

Profitable Medical Office Investment in Montana

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional commercial investment opportunity presents a 6,695 square foot medical office building situated on a 0.28-acre lot at 2000 Clark St, Miles City, Montana 59301. Constructed in 1959, the property boasts 11 individual office spaces, currently occupied by a mix of tenants. Four long-term leases are in place, providing immediate and stable income, with four additional established tenants expressing a desire to remain. The building features two suites, each with five offices, and one large open office space complete with a kitchen and a private office. Four half-bathrooms conveniently serve the entire building. A spacious common reception area welcomes visitors at the main entrance. Ample off-street parking is available in the rear, accommodating approximately 12 vehicles and equipped with lighting for enhanced safety. Recent improvements include the addition of diagonal parking on the east side of the building, with further diagonal parking currently under construction along Clark Street. This property offers a strong return on investment with established tenants and potential for future growth. The asking price is $299,000, translating to $44.66 per square foot. This is a turnkey opportunity for an investor seeking a stable and profitable medical office portfolio addition.

Highlights

  • 6,695 SF medical office building on a 0.28-acre lot at 2000 Clark St, Miles City, MT.
  • Built in 1959, the property features 11 individual office spaces with eight established tenants (four long-term leases).
  • Two suites with five offices each, plus one large open office with a kitchen and private office. Four half-baths.
  • Ample off-street parking for approximately 12 vehicles with lighting. Recent and ongoing parking improvements.
  • Asking price: $299,000 ($44.66/SF). Strong ROI with established tenants and growth potential.

Property Details for 2000 Clark St

Property type
Retail properties, Office properties
Square Feet
6,695 SF
Year Built
1959
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Miles City
County
Custer
State
Montana
Latitude
46.4108674
Longitude
-105.8353391
2000 Clark St, Miles City, Montana

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2000 Clark St
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