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    OFF-MARKET
    Office buildings

    2000 Clark St, Miles City, MT 59301-2726

    6,695 SF 0.28 ac lot Built 1959
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US52-0890554
    Property summary
    AI-generated overview

    This exceptional commercial investment opportunity presents a 6,695 square foot medical office building situated on a 0.28-acre lot at 2000 Clark St, Miles City, Montana 59301. Constructed in 1959, the property boasts 11 individual office spaces, currently occupied by a mix of tenants. Four long-term leases are in place, providing immediate and stable income, with four additional established tenants expressing a desire to remain. The building features two suites, each with five offices, and one large open office space complete with a kitchen and a private office. Four half-bathrooms conveniently serve the entire building. A spacious common reception area welcomes visitors at the main entrance. Ample off-street parking is available in the rear, accommodating approximately 12 vehicles and equipped with lighting for enhanced safety. Recent improvements include the addition of diagonal parking on the east side of the building, with further diagonal parking currently under construction along Clark Street. This property offers a strong return on investment with established tenants and potential for future growth. The asking price is $299,000, translating to $44.66 per square foot. This is a turnkey opportunity for an investor seeking a stable and profitable medical office portfolio addition.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1959
    Construction WOOD
    Total area 6,695 SF
    Lot 0.28 ac (12,284 SF)
    Zoning code 6
    APN 14-1740-34-2-49-08-0000
    UPID US52-0890554
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Eleanor Lavin Physician
    • Miles City Clinic Medical Clinic
    • Eastern Mt Counseling & Consultant Family Counselor
    • Rocky Mountain Vasectomy Medical Clinic
    • Bob G. Zadow, MS Counselor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    MILES CITY CLINIC BUILDING LLC
    MILES CITY CLINIC BUILDING LLC
    Zoning & alternative use
    6 · Miles City, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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