Log In/Sign Up
Your email has been sent.
2525 Colonial Dr
Helena, MT 59601
Colonial Professional Ctr · Office Property For Sale
Investment Highlights
- Flexibility from excess land and a draft condo association
- Adjacent to St. Pete's Health, nearby I-15
- In place income with lease-up potential
Executive Summary
2525 Colonial Drive - a 19,791 square foot office building with excess land. The property is located adjacent to St. Peter's Health and near the I-15 interchange. The site, made of two parcels, measures approx. 2.2 acres, and has 118 existing parking spaces. The building has two levels connected by an elevator, with each level offering ground-floor ADA access. It features a 1200-amp, 3-phase electrical service, a 60 kW backup generator, and a full fire suppression system.
The upper floor is fully occupied by an existing tenant, providing stable in-place income. The lower level is demised into two separate units, allowing for diversified tenancy; one unit is currently leased while the other remains vacant, offering immediate upside for an owner-user or investor through lease-up or potential owner occupancy. The investment offers flexibility - the seller has a condo declaration prepared and ready to sign from this year, which would enable units to be sold off individually. Second, the excess land can also be sold, held, or developed
The upper floor is fully occupied by an existing tenant, providing stable in-place income. The lower level is demised into two separate units, allowing for diversified tenancy; one unit is currently leased while the other remains vacant, offering immediate upside for an owner-user or investor through lease-up or potential owner occupancy. The investment offers flexibility - the seller has a condo declaration prepared and ready to sign from this year, which would enable units to be sold off individually. Second, the excess land can also be sold, held, or developed
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
19,971 SF
Building Class
B
Year Built/Renovated
1985/2003
Price
$4,518,377 CAD
Price Per SF
$226.25 CAD
Cap Rate
5.35%
NOI
$241,767 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,986 SF
Building FAR
0.77
Lot Size
0.60 AC
Zoning
R-O - R-O. Residential Office allows the existing use by right.
Amenities
- 24 Hour Access
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
- Backup Power / Generators
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $1,540,653 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,540,653 CAD
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
