Investment Opportunity with a 7.3% CAP Rate and opportunity for improvement! Fully leased, 18k square foot, light industrial, commercial building with four tenants occupying six units. 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 209. Olney is less family-centric than the surrounding county with 21.82% of the households containing married families with children. The county average for households married with children is 30.56%.
The median household income in Olney, Montana is $43,750. The median household income for the surrounding county is $51,410 compared to the national median of $57,652. The median age of people living in Olney is 39.1 years.
The average high temperature in July is 80 degrees, with an average low temperature in January of 11.6 degrees. The average rainfall is approximately 19.2 inches per year, with 101.5 inches of snow per year.