62 W Mercury Active

Butte,MT 59701

$ 1500000

- Bed

- Bath

2742 SqFt


Key Details

Property Type Commercial

Sub Type Building

Listing Status Active

Purchase Type For Sale

Square Footage 2,742 sqft

Price per Sqft $547

MLS Listing ID 399748

Year Built 2020

Annual Tax Amount $11,275

Tax Year 2023

Lot Size 0.556 Acres

Acres 0.556

Property Sub-Type Building

Property 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.

Location

State MT

County Silver Bow

Area Other Counties/State

Direction From I-90, exit 126 north on Montana Ave. East on Mercury Ave

Interior

Fireplace No

Others

Tax ID 0001208700

Acceptable Financing Cash,1031 Exchange,3rd Party Financing

Listing Terms Cash,1031 Exchange,3rd Party Financing

Special Listing Condition None

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