$149000 / 1186ft2 Retail/ Restaurant Space for SALE in Roundup, MT

20 6th St W Roundup, MT 59072

20 6th St W, Roundup, MT, 59072
20 6th St W, Roundup, MT, 59072 20 6th St W, Roundup, MT, 59072 20 6th St W, Roundup, MT, 59072 20 6th St W, Roundup, MT, 59072 20 6th St W, Roundup, MT, 59072 20 6th St W, Roundup, MT, 59072
Property Type:
Last Verified:
Dec 03, 2020

20 6th St W, Roundup, MT 1,186 SF Retail/Restaurant Space for SALE PRICE REDUCED TO $138,500 *946 SF Retail/Restaurant Building *240 SF Garage *1,060 SF Deck *7,000 SF Lot *Built in 1997 *Concrete monolithic dome construction (34 ft Diameter, 13 ft Ceiling) *No deferred maintenance *New windows, new faucets, new paint, new siding and new roof *Coffee shop furniture, fixtures & equipment negotiable This retail/restaurant property is located on the busiest street in town where Highway 87 S enters Roundup, MT. Built in 1997 and renovated in 2018, this property has no deferred maintenance and ready for a new owner to move right in. With concrete monolithic dome construction, it is extremely well built with no interior load bearing walls making the possibilities endless for future layouts of the building. Boasting a 1,060 SF patio, this 946 SF building operates like a 2,000 SF restaurant during the spring, summer and fall. The seller has spent the last year sprucing up what was previously the the Blue Star Espresso with new interior paint, exterior paint, patio stain, upgraded plumbing and literally ensuring there is no deferred maintenance for a new owner. While this building was previously a coffee shop, it could be the future home to an ice cream shop, sandwich place, local retailer, wine bar or even be converted into a single family residence.

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.