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Investment Highlights

  • Highway visibility and access
  • Long term leases
  • 3 Commercial buildings for sale

Executive Summary

Located just a few miles out of the city limits of Glendive on Highway 200 sits 3 commercial shops on 7.47 acres. The buildings were constructed in 1979 and 1980, each building has 3 bathrooms one of which has a shower, and each building has its own septic system and fenced backyard, natural gas heat, and a shared well. Building 184 is 5000 sq' and is currently rented by a medical marijuana facility. The building has 2 overhead 12' x14' doors one on the side and one in the rear, several offices, and a loft. Building 182 A & B is 6000 sq' and split into two separate businesses, each with a drive-thru bay but can be reopened to be one facility. Unit A is currently leased by an HVAC company and consists of an office, bathroom, and shop. Unit B is leased by a company that builds headstones, plaques, and monuments. This unit consists of offices, 2 bathrooms ( one with a shower), and a shop. Building 180 is 5000 sq' and is also occupied by the monument company. This building includes an overhead 2-ton jib crane, 3 phase electric, 2 overhead doors, offices, loft, and 3 bathrooms.

Financial Summary (Actual - 2022)

Annual Annual Per SF
Gross Rental Income $79,200 $4.95
Other Income - -
Vacancy Loss - -
Effective Gross Income $79,200 $4.95
Net Operating Income - -

Financial Summary (Actual - 2022)

Gross Rental Income
Annual $79,200
Annual Per SF $4.95
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $79,200
Annual Per SF $4.95
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $1,100,000
Price Per SF $68.75
Sale Type Investment or Owner User
Cap Rate 6%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
Building Class C
Lot Size 7.47 AC
Rentable Building Area 16,000 SF
No. Stories 2
Year Built/Renovated 1980/2000
Tenancy Single
Parking Ratio 0.81/1,000 SF
No. Drive In / Grade-Level Doors 4
Zoning Commercial - Our area does not specify zoning in this area so any use would be acceptable.

Amenities

  • Courtyard
  • Fenced Lot
  • Storage Space

Utilities

  • Gas - Natural
  • Water - Well
  • Sewer - Septic Field
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
16-2612-32-2-02-40-0000
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$411,600 (2025)
  • Listing ID: 26898893

  • Date on Market: 10/20/2022

  • Last Updated:

  • Address: 184 Highway 200, Glendive, MT 59330

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