Property profile

206 E 6Th St Libby Libby, MT 59923

FOR SALE
Office buildings
Property ID
US52-0728972
1,632 SF 0.07 ac lot Built 1978
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This well-maintained 1,632 square foot commercial building, located at 206 E 6th Street in Libby, Montana, presents a unique investment opportunity. Situated on a 0.07-acre corner lot, the property boasts convenient street parking and an adjacent parking lot, offering ample space for clients or potential expansion. Zoned Business/Residential, this versatile building offers significant flexibility. Currently configured for dental use, the interior features a spacious reception area, two private offices, and a bathroom in one half. The other half provides an open floor plan, adaptable to various business needs. A 2004 remodel ensures modern functionality. The existing lease provides immediate income potential for an investor, while the Business/Residential zoning allows for conversion to residential space, either for owner occupancy or as a rental property. Light covenants further enhance the property's adaptability. The possibilities are numerous: continue the current business operation, establish a new venture, or transform the space into residential units. This property offers a compelling blend of commercial and residential potential in a central Libby location. Please note: Do not contact current business staff.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Construction WOOD
Total area 1,632 SF
Lot 0.07 ac (3,180 SF)
APN 56-4175-03-3-56-08-0000
UPID US52-0728972

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

206 E 6Th St, Unit Libby Libby, MT 59923
Libby metro Census 200
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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