Emily Rae - Coldwell Banker Distinctive Properties
3200 Nixon Gulch Road
Manhattan, MT 59741

Description

Do you like making money and fishing at the same time?! You've come to the right place! This commercial property is a perfect place to park some cash, take advantage of the recreational perks and make a nice return with no work involved! 7% CAP RATE - Investment/Income property with FISHING & RECREATIONAL PERKS on the Gallatin River! This property is fully leased, maintained and managed by Gallatin River Ranch Development & current owner. $70,000 NNN Annual Return, Payable Monthly. Improvements include sales office, boat launch area (float from this property to Headwaters National Park on the Gallatin!), picnic area, lounging and fireplace area by the river. Call for more details! Sale of this property is subject to Seller leaseback, with options to extend and/or acquire property.

Details

MLS#323854
StyleIndustrial
Sub-TypeResale
StatusActive
Year1995
Days On Site83

Features

SQ Feet1,140
Story(s)0

Market Activity 59741

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Area Information

StateMT
CountyGallatin
CityManhattan
Zip Code59741
AreaGreater Manhattan
Subarea4MN - Manhattan Area N of I90
Listing VS Median (in 59741)
Price:
$990,000
low | high
Med:
$132,250
100% of Average
SqFt:
1,140
low | high
Med:
364
100% of Average
$ / SqFt:
$868
low | high
Med:
$93
100% of Average
On Site:
83
low | high
Med:
75.5
100% of Average
Listing Updated: 12/11/2018
MLS Number: 323854
Listing Provided By:
Regan Barranger  of  AmeriMont Real Estate
All information is deemed reliable; however, it is not guaranteed and should be independently verified. Real Estate offerings are subject to error, omissions, prior sale, change, withdrawal without notice and approval of seller. Properties are provided courtesy of Big Sky Country MLS.