12 Mullan RdSuperior, MT 59872
- 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
Location Insight
- City
- Superior
- County
- Mineral
- State
- Montana
- Latitude
- 47.1976
- Longitude
- -114.89
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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