410 Colorado Avenue is located in the heart of Laurel, MT and is the perfect multifamily or residential condo redevelopment project. Listed at $20 PSF, a buyer has the opportunity to purchase land and building “shell” for significantly less than what new construction costs today. The City of Laurel is rapidly growing and currently has a shortage of apartment rentals or condos. Laurel Public Schools currently occupies a small portion of the building and would need to work out an exit strategy or short term lease back with a potential buyer. *Currently Occupied by the Laurel Public Schools *For Sale $1,180,000 ($20 PSF) *2 Buildings Totaling 59,050 SF *School is 50,454 SF *Auditorium is 7,900 SF *90,000 SF Lot *Zoned Residential 6000 *Built in 1910 *Ideal Multifamily Redevelopment Opportunity
| Property Type | Multi-Family |
|---|---|
| Year Built | 1910 |
| Level Number | 3 |
| Zoning | Residential 6000 |
| Listing ID | 7T5B92 |
| Style | Other Style |
| Building Size | 59,040 SF |
| Lot Size | 90000 SF |