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790 Colleen St 5,600 SF Office Building Helena, MT 59601 $735,000 ($131.25/SF) 5.95% Cap Rate
Investment Highlights
- Long term lease
- Lots of parking
Executive Summary
Office building for sale with 7 years remaining on a federal lease. Located off of US-12 in the industrial Inter-City subdivision. 35 parking spots on well maintained asphalt. The USDA's tenancy in this building started before the seller acquired the property in 2007. Recent improvements to keep the tenant happy. To make this a hands-off investment, the seller utilizes a local property management company. The property manager will gladly stay in place for a new owner. Park your cash in this stable property that is located in the robust capital city of Montana. Call Mark Runde at 406-916-2259.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$43,759
|
$7.81
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $43,759 |
| Annual Per SF | $7.81 |
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
5,600 SF
Building Class
B
Year Built
1992
Price
$735,000
Price Per SF
$131.25
Cap Rate
5.95%
NOI
$43,759
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,600 SF
Building FAR
0.11
Lot Size
1.12 AC
Zoning
CLM - The property's use is permitted by right in CLM zoning.
Amenities
- Air Conditioning
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 05-1888-27-3-05-07-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,197,700 |
Property Taxes
Parcel Number
05-1888-27-3-05-07-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,197,700
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790 Colleen St
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