206 E 6Th St Libby Libby, MT 59923
This well-maintained 1,632 square foot commercial building, located at 206 E 6th Street in Libby, Montana, presents a unique investment opportunity. Situated on a 0.07-acre corner lot, the property boasts convenient street parking and an adjacent parking lot, offering ample space for clients or potential expansion. Zoned Business/Residential, this versatile building offers significant flexibility. Currently configured for dental use, the interior features a spacious reception area, two private offices, and a bathroom in one half. The other half provides an open floor plan, adaptable to various business needs. A 2004 remodel ensures modern functionality. The existing lease provides immediate income potential for an investor, while the Business/Residential zoning allows for conversion to residential space, either for owner occupancy or as a rental property. Light covenants further enhance the property's adaptability. The possibilities are numerous: continue the current business operation, establish a new venture, or transform the space into residential units. This property offers a compelling blend of commercial and residential potential in a central Libby location. Please note: Do not contact current business staff.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.