318 Mineral Ave, Libby, MT 59923-1954
This mixed-use property, located at 318 Mineral Avenue in Libby, Montana, presents a compelling investment opportunity. Built in 1957, this 0.073-acre lot boasts a prime downtown location within a thriving commercial district. The property's current tenant provides consistent rental income, making it an attractive option for investors seeking immediate returns. The area is experiencing significant growth, with new breweries, taverns, restaurants, and retail stores contributing to increased foot traffic and commercial activity. This translates to a strong potential for long-term appreciation. Convenient parking is available both in front for customers and in the rear for employees. The property's mixed-use zoning offers flexibility for future development or expansion, catering to a variety of business needs. The asking price is $239,000. This property is ideally suited for investors seeking a stable income stream and significant upside potential in a rapidly developing Montana town. The property's central location and existing tenant make it a low-risk, high-reward investment.
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Lincare Production Facility
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.