123 Bell StGlendive, MT 59330

Property Details for 123 Bell St

Year built

1977

Construction

WOOD

Lot size

0.16 AC

Property size (Sq ft)

4,980 SF

Zone code

2

Property type

Banks

APN

16-2612-35-1-14-01-0000

APU

16261235114010000

Description

This exceptional investment opportunity presents a 4,980 square foot, two-story former bank building located at 123 W Bell St, Glendive, MT 59330. The property, built in 1977, is classified as a Class B office building and sits on a 6,990 square foot lot. The building features a spacious, open floor plan on the main level, ideal for various office configurations. Upstairs, you'll find additional office spaces, restrooms, and a kitchen, providing ample functionality. The property boasts a convenient drive-through lane and four on-site parking stalls, adding significant value and appeal. Its prime location in downtown Glendive offers excellent visibility and accessibility. The asking price is $400,000, translating to $80.32 per square foot. The property is currently vacant, presenting a blank canvas for a new owner to customize and lease to their specifications. The lease type is NNN (Net, Net, Net), and the property is a single-tenancy building. The APN is 16261235114010000. This represents a strong investment opportunity in a thriving Montana community. Don't miss this chance to acquire a well-located, versatile commercial property in Glendive.

• CAP approach

  CAP return

  Valuation

  6%

  $1,348,370

  6.5%

  $1,244,650

  7%

  $1,155,740

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,360,000

  Geo Method

  $427,906

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,412,690

  Mixed-Use / Specialty

  $1,246,060

  Hospitality / Lodging

  $921,822

  Office

  $1,244,760

  Institutional / Educational

  $1,297,500

  Residential Income

  $1,518,070

  Multifamily

  $1,788,230

  Automotive / Energy

  $1,112,140

  Parking / Income-Based Land

  $378,001

  Restaurant / Food Service

  $660,586

  Healthcare / Senior Housing

  $1,271,810

Location Insight

City

Glendive

County

Dawson

State

Montana

Latitude

47.1047

Longitude

-104.715

Property Tax & Assessments

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