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Single Family Residence in Glendive, MT

212 S Merrill Ave, Glendive, MT, 59330

Description

Bedroom

1 Room

Bathroom

2 Baths

Square Foot

4125 Ft

Lot Size

0.09 Acres

Income-producing mixed-use commercial property offered subject to existing lease. The lower-level commercial space is secured by a 5-year lease with an option to renew, providing stable long-term income. The upper apartment is also leased, resulting in full occupancy by a single tenant. Current gross annual rent totals $38,400 with an estimated net operating income of approximately $30,000, reflecting an attractive ~10% cap rate at the current asking price. Property is being sold as an investment opportunity and will transfer subject to all existing lease terms. Ideal for investors seeking predictable cash flow with minimal management in a proven downtown location.

Location
Contact Agent

Glendive Expert Agent

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Additional Listing Details:

39 days on HouseJet

Last Refresh: 02/22/2026 09:00:03 PM UTC

MLS #: 331274

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Listing Agent

Kristi Woodward

Realty One

Phone: 406-377-5201