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$975,000 / 14338ft2 - Historic Flex Building For Sale Or Lease (Helena)

1531 National Ave, Helena, MT 59601

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1531 National Ave

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14338ft2

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Two-story open-span flex building for sale. The building was originally constructed in 1885, and the building has undergone significant improvements following a fire in 2015 including: new electrical panels and fixtures, new blown-in attic insulation, a new metal roof, a new drywall ceiling, and structural reinforcements per engineering guidelines. With the building's stone walls, tall ceilings, and timber beams, it would work great as a retail store, artisan shop, art, and beyond. The building is approximately 14,338 square feet and has a freight elevator that serves the main level and basement. The main floor has 11' ceilings, an open layout, and was most recently used for retail. The basement level has 9' ceilings, a fire suppression system, a sump pump, and was previously used for woodworking. The property also features an asphalt drive-up parking lot which provides direct access to the building. Located in central Helena’s Grand Avenue Addition.

Listing Price: $975,000
Lease Rate: $7.25/SF NNN
Of the building's total size, 850 square feet sits on BNSF land as a lease/encroachment, and is to be assigned to the buyer at $600/year.

Listed By Tyler Warne, Mark Runde of Coldwell Banker Commercial Green & Green

post id: 7958427087

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