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    412 E Railroad Ave N Manhattan, MT 59741

    For Sale
    $975,000

    Commercial Building - Manhattan, MT

    Property size:
    5,376 SF
    Days on Market:
    272
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 412 E Railroad Ave N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Garage
    Size
    5,376 SF

    Building Details

    Year built
    1982
    Year renovated
    1982
    Floors in Building
    1
    Architectural style
    Other

    Corder and Associates, LLC (406) 622-3224

    Listing agent Trampus Corder (406) 622-3224

    Listing date Mar 17, 2025

    MLS# 11439808 Listing URL

    Copyright © 2025 My State 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

    Manhattan, MT Commercial Building Investment

    Located in Manhattan, Montana, this commercial building presents an investment opportunity in a growing market, strategically positioned near Bozeman and Yellowstone National Park. The location benefits from consistent foot traffic from both residents and tourists. The shop is equipped with three overhead heaters and separate offices featuring radiant heating. It also includes a dust collector and air system, making it suitable for woodworking, metalworking, or similar trades. The current lease brings in $7,100 per month. The community actively supports retail ventures, providing a conducive environment for business growth. Regular events, such as the Manhattan Potato Festival and farmers markets, enhance visibility and customer engagement, making it easier to establish a loyal clientele. The property offers an opportunity to contribute to and benefit from a vibrant local economy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manhattan
    County
    Gallatin
    State
    Montana
    Longitude
    -111.328171
    Latitude
    45.854856

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    FAQs

    What type of property is this?
    Storefront property - Investment opportunity in growing Montana market near Bozeman and Yellowstone.
    Where is this storefront property located?
    The property is located at 412 E Railroad Ave N Manhattan, MT.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - High Monthly Income: Generates $7,100 per month from current lease.; - Strategic Location: Close proximity to Bozeman and Yellowstone National Park ensures high traffic.; - Equipped for Trades: Includes three overhead heaters, dust collector, and air system suitable for woodworking/metalworking.
    (406) 622-3224
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    Realmo Value Estimation

    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.

    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.

    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
    412 E Railroad Ave N Manhattan, MT 59741
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