Non-Performing Note Sale: 16,000+-SF Industrial/Office | Shelby, MT
Market Price
10 Airport Road, Shelby, MT 59474
8.42 acre
Building Size
16,292 sqft
Lot Area
Details:
Highlights:
- Government-Built Facility: ±16,292 SF build-to-suit office/warehouse previously occupied by US Customs and Border Protection on a 20-year lease.
- Redevelopment Opportunity: Situated on 8.42 acres with flexible zoning and expansion potential; includes 20 striped parking spaces and asphalt for up to 45 additional spaces.
- Strategic Border Location: Located in Shelby, MT—30 miles south of the Canadian border and 180 miles south/southeast of Calgary, Alberta—adjacent to Shelby General Aviation Airport (SBX).
- Purpose-Built Infrastructure: Originally constructed in 1985 and renovated in 2008; includes 6,822 SF of office space and 9,470 SF of warehouse space designed for administrative, holding, and vehicle operations.
- Vacant and Available: The property became vacant in May 2025 following lease expiration, offering immediate occupancy or repositioning potential.
Description:
Ri Marketplace Online Auction December 8th - 10th, 2025
Register to bid on Marketplace:
https://rimarketplace.com/auction/2867/non-performing-note-sale-16-000-sf-industrial-office-shelby-mt?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2867
Mission Capital, Marcus & Millichap and RI Marketplace are pleased to present for sale a non-performing Note collateralized by a ±16,292-square-foot, single-story office/warehouse facility located in Shelby, Montana. This property presents a unique opportunity for investors, developers, or owner-users to acquire a purpose-built government facility with strategic proximity to the U.S.–Canada border.
Situated on 8.42 acres with ±20 striped parking spaces and additional asphalt for up to 45 more, the property is 100% vacant and ready for immediate use or redevelopment. Originally built in 1985 and renovated in 2008, the facility has (4) separate buildings which includes ±6,822 square feet of office space and ±9,470 square feet of warehouse space. The site previously served as a regional Customs and Border Protection station, supporting administrative functions, alien holding and processing, and vehicle operations.
Building #1 - Office Building: Constructed in 1985 and remodeled in 2005. The building is pre-engineered steel construction with steel siding and a steel roof. The building totals 6,120 square feet and features 12-foot sidewall heights. It is fully improved for office use with private offices, conference areas, a reception area, restrooms, and utility space. This space has a fire suppression system.
Building #2 - Warehouse / Vehicle Storage: Constructed in 1960. The building is pre-engineered steel construction with steel siding and a steel roof. It totals 4,800 square feet and includes 12-foot sidewall heights.
Building #3 - Warehouse / Storage Facility: Constructed in 1960. The building is pre-engineered steel construction with steel siding and a steel roof. It totals 3,150 square feet and includes 12-foot sidewall heights. The interior consists of open workspace with minimal partitioning, basic utility finishes.
Building #4 - Locker/ Support Facility: Constructed in 1993 and remodeled in 2006. The building is pre-engineered steel construction with steel siding and a steel roof. It totals 2,400 square feet and includes 12-foot sidewall heights. The building was most recently used as a locker room and restroom facility. This space has a fire suppression system.
Strategically located adjacent to Shelby General Aviation Airport (SBX), the property offers excellent connectivity to central Montana and cross-border logistics. Its proximity to Calgary and the Canadian border makes it an ideal candidate for government, industrial, or logistics reuse.
Randy A. Wells
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License: Bond # 67461315
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.
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