Property profile

2 Hot Spgs Lp Rd Ennis, MT 59729

OFF-MARKET
Office Spaces
14,028 SF 1.07 ac lot Built 2005
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Property summary

AI-generated overview

This exceptional Ennis, Montana office building presents a compelling value-add investment opportunity. The 14,028 square foot Class A property, built in 2005, sits on a 1.065-acre lot and features a modified lease structure with six tenants currently occupying 50% of the space. The building boasts a spacious layout including a large reception area, thirteen offices, a sizable conference room, and a kitchenette on the main floor. The basement offers five additional offices, mechanical areas, storage, and approximately 4,000 square feet of unfinished space ripe for development. The property includes 42 parking spaces. With a current asking price of $2,050,000 ($146.14/sq ft), this single-story building offers immediate income potential and a strong foundation for future growth in a thriving market. The contemporary design and high-quality finishes, including numerous built-in cabinets and desks, contribute to its appeal. This well-maintained property is ideally suited for investors seeking a lucrative commercial venture in a desirable location. The diverse layout and ample amenities cater to a wide range of business needs, making it an attractive investment in a dynamic and growing market.

Property profile

Verified
Property type Office Spaces
Year built 2005
Total area 14,028 SF
Lot 1.07 ac (46,391 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2 Hot Spgs Lp Rd Ennis, MT 59729
Ennis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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