12 Mullan RdSuperior, MT 59872

For Sale
$500,000 View listing
  • Retail space
  • 2,496 SF

Property Details for 12 Mullan Rd

Year built
1915
Construction
WOOD
Lot size
0.30 AC
Property size (Sq ft)
2,496 SF
Property type
Retail space
APN
54-2631-27-4-03-04-0000
APU
54263127403040000

Description

This exceptional mixed-use property in Superior, Montana, presents a compelling investment opportunity. Located at 12 Mullan Road E, this 1915-built commercial building boasts a spacious three-bedroom apartment with river views, currently rented, and a nine-unit self-storage facility, three units of which are currently rented. The property offers a unique blend of residential and income-generating potential, ideal for investors seeking a diversified portfolio. The building sits on a zero-acre lot and is priced at $500,000. Owner financing is available. This property provides a rare chance to acquire a well-situated commercial building in the charming town of Superior, combining comfortable living quarters with a profitable storage business. The combined rental income from the apartment and storage units provides a strong foundation for a positive cash flow. The property's location in Superior, MT, 59872, offers access to the area's natural beauty and recreational opportunities, further enhancing its appeal. This is a turnkey investment ready for immediate income generation.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $656,169
    6.5%
    $605,694
    7%
    $562,430
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,341,074
    Geo Method
    $1,341,074
  • Alternative Use

    Use
    Valuation
    Residential
    $510,926
    Hospitality
    $468,005
    Educational
    $389,375
    Medical
    $402,766
    Retail
    $605,694
12 Mullan Rd, Superior, Montana

Location Insight

City
Superior
County
Mineral
State
Montana
Latitude
47.1976
Longitude
-114.89

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,139
-
-
$208,852
-
$28,142
$180,710
$208,852

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].