14 UNIT BUSINESS CENTER OFFICE SPACES COMMERCIAL INCOME

We are pleased to present this 8,969 +/- sqft turn-key investment property exclusively for sale, located at 46 S 1^st St E in Malta, Montana.  This main street business is commonly known as the “Malta Business Center.” The commercial lot measures 26' x 97' with the building offering 8,969+/- square feet on the main level and an additional 756+/- sqft of storage in the basement.  Located conveniently within a one-block radius of Highway 191 S and Highway 2, in Malta’s highway commercial district (H-C), the business is in a highly visible, high-traffic area with many passers-by every day.  The 8,969+/- sqft on the main level has undergone an extensive remodel in recent years converting the former retail space into a 14-unit business/office center.  The main floor consists of an owner’s office, a utility room, men’s and women’s restrooms, a large hallway, 14 office spaces – one currently being utilized as a conference room and one that is an office suite with 4 office spaces, a small breakroom, and its own exterior entrance.  There is main street parking as well as parking on the new asphalt slab on the back of the property that you access through the alley.

The office spaces are of a variety of different sizes.  There are (2) 190+/- sqft, (5) 280+/- sqft, (2) 460+/- sqft, (1) 530+/- sqft, (1) 752+/- sqft, (1) 968+/- sqft suite, and (2) 403+/- sqft offices that have two 135+/- sqft units as well as 133+/- sqft shared foyer.  Wi-Fi access points are installed throughout the building.  The conference room and vacant rooms are available for rent monthly, daily, or hourly.  Wi-Fi, utilities, and access to use the conference room are included in the monthly, daily, and hourly charges.  The monthly prices vary based on size from $250 to $1,200/month, the daily rate is $50/day, and the hourly rate is $10/hour.  The hallway and spare rooms have been utilized for holiday vendor shows, workshops, meetings, trainings, art shows, and more in the past.  The business is located directly across from the Veterans Memorial Park, the Amtrak Station, and sits among all the main street businesses making it a convenient and great place to start a small business.

The Malta Business Center has been in operation in our community for 8+ years with the current owner, proving it to be a profitable established business.  Income statement available to qualified buyers.  This well-established income-producing property is ready for a new owner to step in and take over!

Average utilities for the last 12 months were NWE: $372.04/month, MDU: $410/month, City of Malta – Garbage, Sewer, and Water: minimum of $80.50/month.  2022 Taxes were $4,777.34.  Call us today to schedule a private showing of this property.  Virtual Tour and Interactive Map are available upon request.

The asking price is $600,000.