224 Center Ave Hardin, MT 59034
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Historic Downtown, High-Income Potential
Property size:
21,000 SFProperty Features for 224 Center Ave
General Information
- Property type
- Office Properties & Spaces
- Square Feet
- 21,000 SF
- Class
- D
- Lot Size
- 304,920,000 SF
Building Details
- Year Built
- 1917
- Buildings
- 1
- Stories
- 2
- Units
- 11
Listing Agency: Pure West Real Estate Listing Agent: Daniel Kern
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional mixed-use property in Hardin, Montana's historic downtown presents a unique investment opportunity. The 21,000 square foot building, constructed in 1917 with various renovations throughout its history, sits on a substantial 7-acre lot and is zoned for commercial and mixed use. Currently operating at 100% occupancy with 11 tenants, the property generates significant income. The main floor houses four established businesses: a home healthcare provider, an insurance office, a hair salon, and the renowned 4 Aces Bar & Lounge. The 4 Aces features a restaurant, casino, and liquor store, offering the potential to acquire existing equipment, fixtures, furnishings, and licenses. Above the main floor are seven apartments, adding to the diverse income streams. The property boasts ample street parking and a dedicated parking lot. With a net rentable area of 14,000 square feet, the asking price is $1,300,000, representing a compelling $61.90 per square foot and a 15% cap rate. This two-story building presents a chance to own a piece of Hardin's rich history and secure a strong, diversified income stream. The property's long-standing success and established tenant base make it an attractive investment for discerning buyers.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Big Horn Insurance, ...
Insurance Agency
Location Insight
- Map
- Local Demand
- City
- Hardin
- County
- Big Horn
- State
- Montana
- Longitude
- -107.6064154
- Latitude
- 45.7312314
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FAQs
What type of property is this?
Office Property / Space - Historic Downtown, High-Income Potential
Where is this office property / space located?
The property is located at 224 Center Ave Hardin, MT.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: $1,300,000 asking price for a mixed-use property in Hardin, MT.; 14,000 square feet of net rentable space in a 21,000 square foot building.; 15% cap rate with 100% occupancy across 11 units.