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    101 Union Avenue Anaconda, MT 59711

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    Claim this Listing
    For Lease
    $2,000 /Mo

    COMMERCIAL - Anaconda, MT

    Property size:
    1,000 SF
    Added:
    Nov 6, 2025
    Days on Market:
    164
    Last Refresh:
    Apr 19 at 1:06 am

    Property Features for 101 Union Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    Commercial
    Standard status
    Active
    APN
    30128502404500000
    Size
    1,000 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    EAST YARD FRONTAGE SUBDIVISION, S01, T04 N, R11 W, Lot 4, ACRES 3.36, COS 491B
    Tax Annual Amount
    2500

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2024

    We can help!

    Listing Contact
    Mike Hyde

    Listing agent Mike Hyde License #RRE-RBS-LIC-45381

    Listing office Real Broker, LLC 5 W Mendenhall St. Suite 20, Bozeman, MT

    Listing date Nov 6, 2025

    MLS# 30060162

    Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Commercial Units For Lease

    Three available 1,000 square foot professional condominium units are available for lease within a newly constructed 3,100 square foot building. This leasing option is designed for businesses requiring dedicated, scalable space for immediate occupancy and future growth. The competitive lease rate is $2,000 per unit per month, structured as a Triple Net (NNN) Lease. This NNN structure offers tenants transparency and direct control over their portion of the building's operating expenses (taxes, insurance, and common area maintenance). Anaconda is a historic city, famous for the towering 585-foot Anaconda Smelter Stack, blending its Copper King past with a vibrant present and a high-quality lifestyle. It offers a wide array of amenities including the historic Washoe Theater, the Copper Village Museum, and world-class recreation. The city serves as a gateway to the Continental Divide Trail and is home to the Jack Nicklaus-designed Old Works Golf Course, all just minutes from the Discovery Ski Area. The city is actively supporting business growth and is known for its affordable housing, making this a strategic location to capitalize on the region's economic momentum. Located in an up-and-coming business district supported by the city, this is a prime opportunity to customize and occupy a portion of a new, highly flexible property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Map

    City
    Anaconda
    County
    Deer Lodge
    State
    Montana
    Longitude
    -113.144
    Latitude
    46.0302

    Nearby Similar for Lease

    • Contact for pricing

      Versatile Commercial Space in Anaconda

      7,000 SF commercial building with high visibility and easy access.
      200 E Commercial, Anaconda, MT 59711
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      New Anaconda Business District Office

      Affordable office units available for lease in Anaconda, MT.
      101 Union Avenue, Anaconda, MT 59711
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    FAQs

    What type of property is this?
    Office units - New 1,000 Sq Ft commercial units in Anaconda Business Park.
    Where is this office units located?
    The property is located at 101 Union Avenue Anaconda, MT.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: New 1,000 sq ft commercial condominium units available for lease in a newly constructed building (built in 2024).; Competitive $2,000 per unit per month lease rate with a Triple Net (NNN) structure.; Located in Anaconda, Montana, a city actively supporting business growth and known for its affordable housing.
    (406) 370-0091
    We can help!
    Listing Contact
    Mike Hyde
    Real Estate License ID: RRE-RBS-LIC-45381
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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