Olney MT Commercial for Sale
- Type:
- General Commercial
- Sq.Ft.:
- 18,352
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.99 Acres
- Year built:
- 1982
- Baths:
- MLS#:
- 30002810
ADDITIONAL INFORMATION
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 Real Estate
The median home value in Olney, MT is $476,800. This is lower than the county median home value of $627,200. The national median home value is $338,100. The average price of homes sold in Olney, MT is $476,800. Approximately 32.93% of Olney homes are owned, compared to 47.56% rented, while 19.51% are vacant. Olney real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Olney real estate agent to arrange a tour today!
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.
Olney Weather
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.