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13 Colorado Ave 13 Colorado Ave 22,154 SF 100% Leased Retail Building Laurel, MT 59044 $770,000 ($34.76/SF) 9.04% Cap Rate
Executive Summary
Introducing an investment opportunity in the heart of Laurel, MT! Situated at 13 Colorado Ave, this 1934, 22,154 SF building boasts 7 occupied units and a 12,600 SF owner/user unit ready for occupancy. Zoned CBD for Central Business District, this property offers a versatile space perfectly suited for a Retail/Warehouse user seeking a great location within the Laurel area.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
22,154 SF
Year Built
1937
Price
$770,000
Price Per SF
$34.76
Cap Rate
9.04%
NOI
$69,636
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Zoning
CBD-Central Business Dist
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-0821-09-4-07-14-0000 | Improvements Assessment | $748,777 |
| Land Assessment | $174,523 | Total Assessment | $923,300 |
Property Taxes
Parcel Number
03-0821-09-4-07-14-0000
Land Assessment
$174,523
Improvements Assessment
$748,777
Total Assessment
$923,300
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13 Colorado Ave | 13 Colorado Ave
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