$1,500,000
( $547.05Per Sq Foot )
 $8,052 est/mo Sourced by Back At You

62 W Mercury Street , Butte, MT 59701

Butte, MT 59701

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Description

Explore an outstanding investment opportunity at 64 W Mercury Ave in Butte, Montana! This property features a Dairy Queen Grill & Chill presenting a lucrative absolute NNN leased investment. The sale includes the building and land. (Business is not included in this sale but could also be purchased for an additional $300,000.) Built in 2020, the property encompasses 2,742 square feet on a 24,219 square foot lot. The property is secured by a 10-year lease, generating an annual income of $92,760, with 3% increases every other year, ensuring a steady and growing return on investment. This property offers absolute NNN lease terms, meaning no landlord responsibilities, making it a hassle-free investment. Positioned along W Mercury Ave, the property enjoys high visibility and easy access, drawing a consistent flow of customers to this popular Dairy Queen location. The property is conveniently located near residential areas, retail centers, schools, parks, and churches. Neighboring businesses include Head Frame Spirits, Pork Chop John's, Maverick Motorsports, and St. James' Hospital, further enhancing its prime location.

Details

MLS#393318
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2020
Days On Site109
Listing Provided ByCharter Commercial Real Estate | Jessie Eagen

Features

SQ Feet2,742
ZoningC - Commercial
Acreage0.56

Market Activity 59701

All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS. 

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Listings Checked: 3 minutes ago
StateMT
CountySilver Bow
CityButte
Zip Code59701
AreaOther Counties | State
Subarea12M Other Montana Counties
Listing VS Median (in 59701)
Price:
$1,500,000
low | high
Med:
$315,000
100% of Average
SqFt:
2,742
low | high
Med:
1,818
83.698030634573% of Average
$ / SqFt:
$547
low | high
Med:
$173
100% of Average
On Site:
109
low | high
Med:
106.000000
100% of Average
Sourced by Back At You
Listing Updated: September 20, 2024 at 10:23:53 AM PDT