Designed by Link & Haire in 1913 and updated throughout beginning in 2006, the Warr-Lane Building in Lewistown is a historical gem of an opportunity. The resotration includes hardwood floors, original trim and doors, updated fire alarm system, plumbing and eletrical updates as well as a New Boiler and a New Roof. This beauty boasts retail space on the inviting street level and has been the venue for a successful beauty salon for a number of years. The second floor has been used as doctors office's in the past and the most recent tenancy was office space. At present - the second floor of 1800 sq. feet is available for lease. The top floor hosts a residential rental unit with 2 bedrooms and 2 baths and is currently occupied. The right investor can accommodate many potential uses and tenancies to make it remain income producing. Current income on occupancy is $ 2130/month, encompassing the 1st & 3rd floors. All showings must be accompanied by agents. Please Do Not Disturb current tenants. Rental history and expenditures available upon request.
MLS# | 399182 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1913 |
Days On Site | 13 |
Listing Provided By | Peaks to Plains Realty | Brandi Ostwald-Dykstra |
SQ Feet | 7,200 |
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Zoning | C - Commercial |
Acreage | 0.04 |
State | MT |
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County | Fergus |
City | Lewistown |
Zip Code | 59457 |
Area | Other Counties | State |
Subarea | 12M Other Montana Counties |
Listing VS Median (in 59457) | |
Price: $499,000 low | high Med: $1,650,000 SqFt: 7,200 low | high Med: 2,690 $ / SqFt: $69 low | high Med: $613 On Site: 13 low | high Med: 25.000000 |