6065 Us Hwy 93Olney, MT 59927

  • Commercial real estate
  • 18,352 SF
For Sale
$1,750,000 View listing

Property Details for 6065 Us Hwy 93

Year built
1982
Lot size
3.99 AC
Property size (Sq ft)
18,352 SF
Property type
Commercial real estate

Description

This exceptional investment opportunity presents a 18,352 square foot light industrial building situated on a 3.99-acre lot at 6065-6073 US Highway 93 N in Olney, Montana. Currently housing four tenants across five occupied units, this property boasts a strong 7.3% capitalization rate, offering immediate return on investment. A sixth unit remains available for lease, presenting further income potential. The building is served by six separately metered 75kVA (480V 3PH) electrical services, ensuring ample power for diverse tenants. Three of the current tenants operate cannabis-related businesses. The property is subject to US Highway 93 Scenic Corridor Zoning, with no other applicable covenants. This presents a unique opportunity for investors seeking a stable, high-yield asset with potential for future growth through lease-up of the vacant unit and potential property improvements. Attractive financing options are available, including seller and private lender financing. Interested parties should conduct their own due diligence regarding the property and its current tenants. Access to the property and tenant inquiries are restricted.

Location Insight

City
Olney
County
Flathead
State
Montana
Latitude
48.553
Longitude
-114.573

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