For Sale
$999,997

1410 1St StHamilton, MT 59840

High-Cap Rate Industrial Warehouse & Storage

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a 39,080-square-foot warehouse and a 125-unit mini self-storage facility located at 1410 N 1st Street, Hamilton, Montana. The property, situated on a 3.015-acre lot in the Hamilton Opportunity Zone, boasts a strong 7.50% cap rate and a substantial net operating income (NOI) of $75,000. The warehouse, the largest in the Hamilton Opportunity Zone, is strategically located along US Highway 93 and at the north end of the 1st Street business district. Currently leased to a moving company, the 12,576-square-foot warehouse includes office space, capitalizing on the high demand for storage and industrial space in the rapidly growing Hamilton valley. The self-storage component further enhances the property's income potential. Built in 1972, the property sits on leased land with a favorable ground lease expiring June 30, 2044 (20 years remaining). The asking price is $999,997. This is a multi-tenant property with a gross lease structure. A recent appraisal is available. This property represents a rare opportunity to acquire a well-positioned, income-generating asset in a thriving Montana market.

Highlights

  • Exceptional investment opportunity: 39,080-sf warehouse & 125-unit mini self-storage facility in Hamilton, MT.
  • Strong 7.50% cap rate and $75,000 NOI.
  • Located on a 3.01-acre lot in the Hamilton Opportunity Zone, with highway frontage on US-93.
  • Largest warehouse in the Hamilton Opportunity Zone, currently leased to a moving company.
  • Asking price: $999,997; Ground lease expires June 30, 2044.

Property Details for 1410 1St St

Property type
Warehouses, Self storage facilities
Square Feet
39,080 SF
Year Built
1972
Lot Size (sq. ft)
131,333 SF

Location Insight

City
Hamilton
County
Ravalli
State
Montana
Latitude
46.2652198
Longitude
-114.1567604
1410 1St St, Hamilton, Montana

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1410 1St St
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