5700 Sperry Drive

Description

230 ACRES. PERMITTED ACTIVE QUARRY. SELLER LEASEBACK AVAILABLE. A rare chance to own a producing natural stone quarry on 230 acres north of Helena, with the option to own it without operating it. The quarry produces a distinctive argillite slate, sold as full, half and thin bed material in ledge, random, stack stone, square and rectangular, along with flagstone, steps, wall stone, hearth, mantels, sills, columns, shingles, boulders and slabs. The existing opencut mining permit is in place and transferable to a qualified buyer. TWO WAYS TO BUY. At $3,500,000 the real property transfers and the seller is prepared to lease back operations, delivering a permitted land and reserves asset with a tenant and income already in place and no operating responsibility for the buyer. At $5,500,000 the business and equipment convey as well, for a buyer ready to run production from day one. Seller requests a right of first refusal to repurchase the property. Improvements include a 3 bedroom, 2 bath, 3,558 square foot residence built in 1982 and remodeled in 2005, plus a barn, shed and garage. Horses permitted. Minutes from Helena with highway access to stone and construction markets across Montana, Idaho, Wyoming and the Pacific Northwest. Reserve data, production history, permit documentation and equipment schedule available to qualified buyers under a confidentiality agreement. Seller would like to maintain right of first refusal to buy back the property located at 5700 Sperry Dr, Helena, MT 59602 at some point in the future.