711 California AveLibby, MT 59923

  • Office properties
  • 1,744 SF
For Sale
$325,000 View listing

Property Details for 711 California Ave

Year built
1963
Construction
WOOD
Lot size
0.36 AC
Property size (Sq ft)
1,744 SF
Property type
Office properties
Property subtype
Office buildings
APN
56-4175-03-3-37-05-0000
APU
56417503337050000

Description

This exceptional 3,488 square foot office building is ideally situated on a 0.36-acre lot in Libby, Montana's highly versatile Business Residential zoning district. The main level boasts a welcoming reception and waiting area, numerous employee workstations, two bathrooms, a convenient kitchenette, and seven naturally lit offices. Four of these offices are equipped with sinks, enhancing their functionality. Ample parking is available at the rear of the building, easily accessible via a private employee entrance. The lower level offers extensive additional space, perfect for expansion or specialized uses. This includes a large meeting room, two fully equipped kitchens, two full bathrooms, and two comfortable lounge areas, all accessed through a separate private entrance. A bonus room and a mechanical/storage room complete the lower level. The building's design and layout make it exceptionally well-suited for medical or clinical practices, offering a blend of professional workspace and comfortable amenities. The property's central location and ample parking ensure convenient access for both staff and clients. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving Montana community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $329,147
    6.5%
    $303,828
    7%
    $282,126
  • Comparable approach

    Method
    Valuation
    Relative Method
    $371,838
    Geo Method
    $371,838
  • Alternative Use

    Use
    Valuation
    Residential
    $376,746
    Hospitality
    $345,098
    Educational
    $287,117
    Medical
    $296,992
    Retail
    $446,627
711 California Ave, Libby, Montana

Location Insight

City
Libby
County
Lincoln
State
Montana
Latitude
48.3895
Longitude
-115.555

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
-
-
-
$336,300
-
$54,731
$281,569
$336,300

FAQs

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