Residential Income Property with Rented
For Sale
$320,000
420 Water Avenue, Colstrip, MT 59323
COMMERCIAL - Colstrip, MT
Property Size2,500 SF
Lot Size0.23 Acres
Price / SF$128
Days on Market80
Property Features for 420 Water Avenue
General Information
Property type
Commercial Sale
Property subtype
Office
Subdivision
Colstrip
Directions
Get on I-90 E in Lockwood from 1st Ave N and I-90BL E, follow I-94 E to MT-39 S in Rosebud County. Take exit 87 from I-94 E then follow MT-39 S to 420 Water Avenue Colstrip, MT 59323
Standard status
Active
APN
1322
Size
2,500 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Description
COLSTRIP, S34, T02 N, R41 E, BLOCK 030, LOT 02A, 51745
Tax Annual Amount
2127
Legal Description
COLSTRIP, S34, T02 N, R41 E, BLOCK 030, LOT 02A, 51745
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating), Propane (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1988
Floors in Building
1
Building materials
MetalSiding, Steel
Roof type
Metal
Listing Agency:
Keller Williams Yellowstone Properties · Keller Williams Realty
(406) 655-0005
Listed By:
Patti Baisch · License #RRE-RBS-LIC-109264
(406) 740-0317
Added: Jun 3
Changed: Aug 19
Last Checked: Aug 21 at 9:06PM
MLS# 352997
Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale residential income property is currently arranged with all rooms individually rented to traveling workers. Improvements include all new flooring, along with a full kitchen and bathroom. The property is sold as-is.
The home sits on a 0.23-acre lot at 420 Water Avenue in Colstrip, MT (Rosebud County). A propane tank is leased, and the front yard includes underground sprinklers. Multiple operating concepts are noted in the listing remarks, including potential use for office space, daycare, specialty retail, or rented living arrangements.
The home sits on a 0.23-acre lot at 420 Water Avenue in Colstrip, MT (Rosebud County). A propane tank is leased, and the front yard includes underground sprinklers. Multiple operating concepts are noted in the listing remarks, including potential use for office space, daycare, specialty retail, or rented living arrangements.
Key Highlights
- 1988‑built property with metal siding/steel construction and a metal roof
- Central air conditioning with forced‑air heating plus electric and propane heating
- Public water and public sewer connection
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
96
Businesses Nearby
Explore this area
Business Placement
Demographics for 59323, MT
2,129
Population
980
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
97%
High-School Grad
53.4 sq mi
ZIP Area
40
Density / Sq Mi
$86,000
Median Household Income
$56,250
Median Earnings
$632
Median Rent
$193,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - All rooms are individually rented to traveling workers, with new flooring and full kitchen and bathroom, sold as-is.
Where is this single family property located?
The property is located at 420 Water Avenue Colstrip, MT.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: 1988‑built property with metal siding/steel construction and a metal roof; Central air conditioning with forced‑air heating plus electric and propane heating; Public water and public sewer connection
