406 Grand Ave
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406 Grand Ave
1,280 SF Retail Building Billings, MT 59101 $310,000 ($242/SF)
Investment Highlights
- Ideal Owner/User or Investment Property
- Recently Remodeled Building
Executive Summary
*Barber Shop + Studio Apartment Rental for Sale
*For Sale $310,000
*Ideal Owner/User or Investment Property
*Barber Shop & Apartment Have Been Recently Remodeled
*Barber Shop Leased for $1,200/mo (Month to Month)
*Apartment Leased for $1,200/mo
*1,280 SF Building
*Zoning NMU-Neighborhood MixedUse
Located at 406 Grand Ave in Billings, MT, this newly remodeled 1,280 SF building offers a unique investment opportunity with dual income potential. The fully leased barber shop generates $1,200/month and the studio apartment above is also bringing in $1,200/month, making it an ideal property for an owner/user or savvy investor. Perfectly zoned for Neighborhood Mixed-Use, this property is a great fit for a barber shop, salon, esthetician, tattoo shop, or other entrepreneurial ventures, all while providing a steady rental income stream.
*For Sale $310,000
*Ideal Owner/User or Investment Property
*Barber Shop & Apartment Have Been Recently Remodeled
*Barber Shop Leased for $1,200/mo (Month to Month)
*Apartment Leased for $1,200/mo
*1,280 SF Building
*Zoning NMU-Neighborhood MixedUse
Located at 406 Grand Ave in Billings, MT, this newly remodeled 1,280 SF building offers a unique investment opportunity with dual income potential. The fully leased barber shop generates $1,200/month and the studio apartment above is also bringing in $1,200/month, making it an ideal property for an owner/user or savvy investor. Perfectly zoned for Neighborhood Mixed-Use, this property is a great fit for a barber shop, salon, esthetician, tattoo shop, or other entrepreneurial ventures, all while providing a steady rental income stream.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,280 SF
Building Class
C
Year Built/Renovated
1939/2005
Price
$310,000
Price Per SF
$242
Tenancy
Single
Building Height
2 Stories
Building FAR
0.18
Lot Size
0.16 AC
Zoning
Neighborhood Mixed Use
Parking
4 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
52 FT on Grand Ave
Amenities
- Pylon Sign
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 03-0927-04-2-28-16-0000 | Improvements Assessment | $185,357 |
| Land Assessment | $48,843 | Total Assessment | $234,200 |
PROPERTY TAXES
Parcel Number
03-0927-04-2-28-16-0000
Land Assessment
$48,843
Improvements Assessment
$185,357
Total Assessment
$234,200
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