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    335 3Rd St Havre, MT 59501

    Sponsored
    For Sale
    $900,000

    High-yield, multi-tenant office complex

    Property size:
    11,880 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Havre, Montana commercial property, located at 335 3rd St, presents a compelling investment opportunity. The 11,880 square foot building, constructed in 1963 and situated on a 10,920 square foot corner lot, is zoned Commercial Intermediate. Currently boasting 100% occupancy with four commercial office units and a separate basement apartment, this property generates a strong net operating income (NOI) of $42,865. Each of the five units is individually metered. The asking price is $900,000, translating to a price per square foot of $75.75. This sale/leaseback opportunity offers immediate cash flow and significant potential for future appreciation. The prime downtown location in Havre provides exceptional visibility and accessibility, making it an ideal investment for both seasoned investors and those seeking a stable, high-return property. The building's excellent condition and strong tenant base ensure a secure and profitable investment. This is a rare chance to acquire a well-maintained, multi-tenant commercial property in a thriving Montana community. Don't miss this chance to own a piece of downtown Havre.

    Property Features for 335 3Rd St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,880 SF

    Building Details

    Year Built
    1963
    Units
    5

    HighLights

    • $900,000 asking price for a 11,880 sq ft office building.
    • Traditional office building with four commercial tenants and one apartment unit.
    • 100% occupancy with a Net Operating Income (NOI) of $42,865.
    • Located at 335 3rd St, Havre, MT 59501, on a 10,920 sq ft lot.
    • $75.75 price per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Havre
    County
    Hill
    State
    Montana
    Longitude
    -109.677545
    Latitude
    48.551667

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    FAQs

    What type of property is this?
    Office Property / Space - High-yield, multi-tenant office complex
    Where is this office property / space located?
    The property is located at 335 3Rd St Havre, MT.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: $900,000 asking price for a 11,880 sq ft office building.; Traditional office building with four commercial tenants and one apartment unit.; 100% occupancy with a Net Operating Income (NOI) of $42,865.
    Request Owner's contact information
    335 3Rd St Havre, MT 59501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    335 3Rd St Havre, MT 59501
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