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2823 Airport Rd Helena, MT 59601

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Three leased buildings, one available, plus 6.8 acres for development.

Type:Land, Mixed Use, Special Purpose
Property size:
13,457 SF
Lot size:
6.80 Acres
Added:
Nov 21, 2023
Days on Market:
880
Last Refresh:
Mar 17 at 1:24 pm

Property Features for 2823 Airport Rd

General Information

Standard status
Active
Size
13,457 SF
Lot size
6.80 Acres
Property subtype
Land, Mixed Use, Special Purpose

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Listing Contact
John Lagerquist

Listing agent John Lagerquist License #RRE-BRO-LIC-53942

Listing office CENTURY 21 Heritage Realty

Listing date Nov 21, 2023

Source Crexi

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 CENTURY 21 Heritage Realty


Overview

Helena Investment Opportunity with Development Potential

This property features three office buildings and one garage, with three of the buildings fully leased, totaling 8457 square feet under NNN leases. There is a 5000-square-foot office building available for lease at a base rate of $11.50 per square foot, plus NNN charges of $5.25 per square foot, covering real property taxes, building insurance, and CAM charges (garbage, summer, and winter services). Tenants are responsible for gas, electric, water, and sewer services. Lease terms are 3-5 years with a 2.75% annual escalator. Financials are available upon submitting an NDA. The property includes approximately 6.8 acres of excess land with development potential for live/work spaces, light industrial flex buildings, and more. The land is valued at approximately $2.5M. Located within Helena city limits, all city services are available, plus wells for irrigation. The property offers easy access to the interstate and major arterials, and is in close proximity to the Helena Regional Airport and numerous retail centers. The total property size is 13457 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Hair Salon Auto Repair Shop Big Box & Wholesale Store Nail Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Helena
County
Lewis and Clark
State
Montana
Longitude
-111.990629
Latitude
46.6013733

FAQs

What type of property is this?
Office building - Three leased buildings, one available, plus 6.8 acres for development.
Where is this office building located?
The property is located at 2823 Airport Rd Helena, MT.
What is the asking price?
The asking price for this property is $5,350,000.
What are key features of this property?
This property features: Significant income potential from three fully leased buildings (8457 sq ft, NNN leases).; Substantial development opportunity with approximately 6.8 acres of excess land, valued at approximately $2.5M, suitable for various uses.; One 5000 sq ft office building available for lease, offering immediate income potential ($11.50 base rate + $5.25 NNN).
More about this property
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