6065 Us Hwy 93 Olney, MT 59927
- Commercial real estate
- 18,352 SF
- 3.99 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6065 Us Hwy 93
- Year built
- 1982
- Lot size
- 3.99 lot acres
- Property size
- 18,352 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a 18,352 square foot light industrial building situated on a 3.99-acre lot at 6065-6073 US Highway 93 N in Olney, Montana. Currently housing four tenants across five occupied units, this property boasts a strong 7.3% capitalization rate, offering immediate return on investment. A sixth unit remains available for lease, presenting further income potential. The building is served by six separately metered 75kVA (480V 3PH) electrical services, ensuring ample power for diverse tenants. Three of the current tenants operate cannabis-related businesses. The property is subject to US Highway 93 Scenic Corridor Zoning, with no other applicable covenants. This presents a unique opportunity for investors seeking a stable, high-yield asset with potential for future growth through lease-up of the vacant unit and potential property improvements. Attractive financing options are available, including seller and private lender financing. Interested parties should conduct their own due diligence regarding the property and its current tenants. Access to the property and tenant inquiries are restricted.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Olney
- County
- Flathead
- State
- Montana
- Longitude
- -114.573
- Latitude
- 48.553