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$ 7,500,000
Est. payment /mo
Active
2388 Shorthorn AVE Helena, MT 59602
2.11 Acres Lot
UPDATED:
02/03/2025 09:25 PM
Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 30039661
HOA Y/N No
Year Built 2024
Annual Tax Amount $52,921
Tax Year 2024
Lot Size 2.110 Acres
Acres 2.11
Property Sub-Type Building/Land
Property Description
Exceptional Condominium Development Opportunity. Discover an outstanding investment opportunity with this 75-unit residential condominium development situated in the heart of Helena, Montana. Each meticulously designed unit in this attractive triplex layout offers comfort and style, making it an ideal choice for discerning tenants. This property is perfectly located near essential shopping centers, convenient interstate access, and a variety of recreational opportunities, ensuring a balanced lifestyle for residents. There are currently 12 units built, and the project is fully entitled for 63 more. Each of the 75 units features 2 bedrooms, ensuring ample space and privacy. The convenience of in-unit laundry hookups adds to the ease of living. 12 of the condo units are built and can act as a cash flow while remaining units are being completed. Full entitlements with the remaining 63 to be built condominiums, new condition and recently being brought to the market for rents.
Location
State MT
County Lewis And Clark
Zoning B-2 Zoning allows for most business, and multi-family. Currently entitled to construct 63 more units.
Interior
Fireplace No
Building
Foundation Poured
Others
Tax ID 05188816303150000
Special Listing Condition Standard
Listed by Coldwell Banker Commercial Green & Green