Investment Opportunity with a 7.3% CAP Rate and opportunity for improvement! 18k square foot, Light industrial, 18k square foot industrial building with four tenants occupying five units. A sixth unit is available for lease. Electric power via six separately metered 75kVA (480V 3PH) services. Three of four tenants are cannabis related businesses. There are no applicable covenants and no zoning except for US Highway 93 Scenic Corridor Zoning. Seller and private lender financing available. No access or tenant inquiries without listing agent accompaniment. Call David Oberlitner at (406) 212-1007, or your real estate professional.
Olney is located in Montana. Olney, Montana has a population of 113. Olney is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 28.88%.
The median household income in Olney, Montana is $26,786. The median household income for the surrounding county is $63,582 compared to the national median of $69,021. The median age of people living in Olney is 46.2 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 14.2 degrees. The average rainfall is approximately 19.7 inches per year, with 72.6 inches of snow per year.