1 7Th AvePolson, MT 59860

Property Details for 1 7Th Ave

Year built

2002

Construction

WOOD

Lot size

0.32 AC

Property size (Sq ft)

5,508 SF

Property type

Office buildings

APN

15-3228-04-4-03-02-0000

APU

15322804403020000

Description

This 5,400 sq. ft. commercial building in downtown Polson, Montana offers a unique blend of office and warehouse space. Recently refurbished, it features a cement block structure with excellent insulation and heating. The space includes a reception/office area with new tile flooring, a desk, and climate control. Three drive-through roll-up doors (two 10'x12', one 8'x10') provide convenient access, with ceiling heights ranging from 12' to 14'. A single wash bay is equipped with a power washer and drains. The building boasts 240-volt 3-phase wiring, existing air compressor lines and filter systems, and two new propane heaters. It's wired for internet throughout and has a new roof. Parking is ample, with approximately 13 spaces available on-site and additional street parking. Situated on a 0.321-acre lot at the corner of Main Street and 7th Avenue, this property is zoned CIZD (Commercial Industrial). The asking rent is $5,400 per month, NNN lease, with a 2-year initial term and flexible extension options. Immediate occupancy is available.

• CAP approach

  CAP return

  Valuation

  6%

  $1,038,376

  6.5%

  $958,501

  7%

  $890,036

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,174,361

  Geo Method

  $1,174,361

• Alternative Use

  Use

  Valuation

  Residential

  $1,188,541

  Hospitality

  $1,088,697

  Educational

  $905,783

  Medical

  $936,934

  Retail

  $1,408,996

Location Insight

City

Polson

County

Lake

State

Montana

Latitude

47.6895

Longitude

-114.163

Property Tax & Assessments

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