$285,000
MLS #:
331274
Beds:
1
Baths:
1.25
Sq. Ft.:
4125
Lot Size:
0.09 Acres
Yr. Built:
1900
Type:
Single Family
Single Family - Resale Home
Taxes/Yr.:
$1,739
Area:
Downtown
Address:
212 S Merrill Ave
Glendive, MT 59330
Fully Leased Mixed-Use Investment - 10% Cap Rate
Price reduced to $285,000! Fully leased mixed-use investment opportunity with strong cash flow. Commercial space secured by a 5-year lease with renewal option plus an upper apartment-both occupied by a single tenant for streamlined management. Gross rents of $38,400/year with ~$30,000 NOI, delivering an attractive ~10.5% cap rate. Offered subject to existing lease terms. Excellent opportunity for investors seeking stable, low-maintenance income in a proven downtown location.
Interior Features:
Cooling: Central Air
Flooring- Wood
Updated Kitchen
Work Shop
Exterior Features:
Construction: Brick
Foundation: Poured-wall
Roof: Flat
Style: 2 story + basement
Appliances:
Dishwasher
Dryer
Heating: Forced Air-Gas
Oven/Range- Electric
Refrigerator
Washer
Water Heater- Nat. Gas
Other Features:
Resale Home
Utilities:
Garbage Collection
Power: MDU
Sewer: City
Water: City/Public
Listing offered by:
Kristi Bogar - License# 88066 with Realty One - (406) 377-5201.
Map of Location:
Data Source:
Listing data provided courtesy of: Glendive Montana MLS (Data last refreshed: 04/08/26 12:08am)
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Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
Notice & Disclaimer: Information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or purchasing. All information (including measurements) is provided as a courtesy estimate only and is not guaranteed to be accurate. Information should not be relied upon without independent verification.
Contact Listing Agent
Kristi Woodward - Broker/Realtor®
Realty One
Office: (406) 377-5201
Mobile: (406) 989-1668
#88066
Mortgage Calculator
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Down Payment: $
Mo. Payment: $
Calculations are estimated and do not include taxes and insurance. Contact your agent or mortgage lender for additional loan programs and options.
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