Fully Leased Mixed-Use Investment Opportunity: 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. Current gross annual rent totals $26,400 ($2,200 per month). Property is being sold as an investment opportunity and will transfer subject to all existing lease terms. Ideal for investors seeking stable cash flow with minimal management in a well-established downtown location.
For sale
$285,000
212 S Merrill Ave, Glendive, MT 59330
1beds
4,125sqft
Single Family Residence
Built in 1900
3,920 Square Feet Lot
$-- Zestimate®
$69/sqft
$-- HOA
What's special
- 254 days
- 135
- 5
Zillow last checked:
Listing updated:
Listed by:
Kristi Bogar (406)989-1668,
Realty One
Source: Glendive MLS,MLS#: 331274
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air-Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Washer, Gas Water Heater, Oven/Range- Electric, Dryer
Features
- Updated Kitchen
- Flooring: Wood
- Has basement: Yes
Interior area
- Total structure area: 4,125
- Total interior livable area: 4,125 sqft
Property
Features
- Levels: 2 story + basement
Lot
- Size: 3,920 Square Feet
Details
- Additional structures: Work Shop
- Parcel number: 16261235111110
- Zoning description: Commercial
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Poured-wall
- Roof: Flat
Condition
- Year built: 1900
Utilities & green energy
- Electric: Power: MDU
- Sewer: Sewer: City
- Water: Public
- Utilities for property: Garbage Collection
Community & HOA
Location
- Region: Glendive
Financial & listing details
- Price per square foot: $69/sqft
- Annual tax amount: $1,739
- Date on market: 1/13/2026
Estimated market value
Not available
Estimated sales range
Not available
$844/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Price change | $285,000-5%$69/sqft |
Source: Glendive MLS #331274 Report a problem | ||
| 1/13/2026 | Listed for sale | $300,000$73/sqft |
Source: Glendive MLS #331274 Report a problem | ||
| 11/23/2025 | Listing removed | $300,000$73/sqft |
Source: Glendive MLS #331274 Report a problem | ||
| 6/26/2025 | Price change | $300,000-7.7%$73/sqft |
Source: Glendive MLS #331274 Report a problem | ||
| 5/15/2025 | Listed for sale | $325,000$79/sqft |
Source: Glendive MLS #331274 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 59330
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