Office Building with Four
604 W Front Ave Joliet, MT
604 W Front Ave, Joliet, MT, 00000
$450,000
For Sale
$450,000
Well-maintained office building offers four large rooms, two bathrooms, and fresh interior updates on a half-acre lot.
Property Size1,536 SF
Lot Size0.50 Acres
Price / SF$292.97
Days on Market303
Property Features for 604 W Front Ave
General Information
- Standard status
- Active
- Size
- 1,536 SF
- Lot size
- 0.50 Acres
Listing agency
Meridian Real Estate LLC
(406) 690-0800
Listed by
Cotti Bushfield · License #RRE-BRO-LIC-89134
(406) 690-0800
Source
Exprealty
Added: Sep 24, 2025 Updated: Jul 22 at 2:32PM Checked: Jul 22 at 2:32PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meridian Real Estate LLC
Investment Insights
Based on property information with market context.
This well-maintained office building is ready for occupancy and features four large rooms, two bathrooms, and interior systems wired for 110 and 220. The space includes a fresh makeover with new paint and carpet, and the room layout can be adjusted into smaller offices as needed.
The property sits on a spacious half-acre lot off Highway 212 in Joliet, Montana, with exposure off the highway. The seller is willing to finance via contract for deed. The building is approximately 1,536 square feet and is offered for sale at 604 W Front Ave. Appointments are available to review the layout and financing terms.
The property sits on a spacious half-acre lot off Highway 212 in Joliet, Montana, with exposure off the highway. The seller is willing to finance via contract for deed. The building is approximately 1,536 square feet and is offered for sale at 604 W Front Ave. Appointments are available to review the layout and financing terms.
Key Highlights
- Well‑maintained 1,536 SF commercial building on a spacious half‑acre lot off HWY 212 in Joliet, MT
- Fresh interior updates including new paint and carpet
- 110 and 220 wired for electricity
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.7k | $17.40 |
| − Vacancy | −$4.3k | −$2.78 |
| EGI | $22.5k | $14.62 |
| − OpEx | −$5.6k | −$3.65 |
| NOI | $16.8k | $10.96 |
1,536 SF · lease $17.40/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$240.5K
$210.5K – $280.6K
NOI $16,838 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$335.1K
$293.3K – $391.0K
NOI $23,460 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Well-maintained office building offers four large rooms, two bathrooms, and fresh interior updates on a half-acre lot.
Where is this office building located?
The property is located at 604 W Front Ave Joliet, MT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Well‑maintained 1,536 SF commercial building on a spacious half‑acre lot off HWY 212 in Joliet, MT; Fresh interior updates including new paint and carpet; 110 and 220 wired for electricity
