62 W Mercury Street
Butte, Montana 59701
MLS #393318 | $1,500,000Listing Details
- 2742Sq Footage
- 0.556Acres
- $1,500,000Price
Explore an outstanding investment opportunity at 64 W Mercury Ave in Butte, Montana! This property features a Dairy Queen Grill & Chill presenting a lucrative absolute NNN leased investment. The sale includes the building and land. (Business is not included in this sale but could also be purchased for an additional $300,000.) Built in 2020, the property encompasses 2,742 square feet on a 24,219 square foot lot. The property is secured by a 10-year lease, generating an annual income of $92,760, with 3% increases every other year, ensuring a steady and growing return on investment. This property offers absolute NNN lease terms, meaning no landlord responsibilities, making it a hassle-free investment. Positioned along W Mercury Ave, the property enjoys high visibility and easy access, drawing a consistent flow of customers to this popular Dairy Queen location. The property is conveniently located near residential areas, retail centers, schools, parks, and churches. Neighboring businesses include Head Frame Spirits, Pork Chop Johns, Maverick Motorsports, and St. James Hospital, further enhancing its prime location.
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Additional Features
- Building Area Total
2742 - City
Butte - Contract Status Change Date
2024-06-19 - Cumulative Days On Market
2 - Directions
From I-90, exit 126 north on Montana Ave. East on Mercury Ave - Documents Count
2 - Latitude
46.010733 - Listing Contract Date
2024-06-19 - Listing Key
1076611940 - List Price
1500000 - Living Area
2742 - Longitude
-112.537500 - Lot Size Acres
0.55600 - Lot Size Square Feet
24219 - MLS Area Major
Other Counties/ State - MLS Area Minor
12 M - Other Montana Counties - MLS Status
Active - Original List Price
1500000 - Originating System Name
S W M T - Parcel Number
0001208700 - Photos Count
10 - Postal Code
59701 - Property Sub Type
Building - Property Type
Commercial Sale - Standard Status
Active - Tax Annual Amount
11275 - Tax Legal Description
BUTTE TOWNSITE, S13, T03 N, R08 W, BLOCK 52, LOT 13 - 18 - Tax Year
2023 - Unparsed Address
62 W Mercury Street - Year Built
2020
Contact So Red About This Listing
Listing Provided By Charter Commercial Real Estate, Jessie Eagen
Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.