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Mixed-Use Property with River Frontage
New
For Sale
$895,000

1 Central Ave East, Cascade, MT 59421

A restored brick building combines two apartments, flexible commercial space, and direct access to the Missouri River.

Property SizeContact for details
Lot Size0.75 Acres
Days on Market5

Property Features for 1 Central Ave East

General Information

Standard status Active
Lot size 0.75 Acres
Property subtype Building/Land

Taxes and HOA fees

Annual Taxes $3,660

Amenities

river frontage
water access
firepit
family picnic area
garage
RV hookups

Building Details

Year Built 1910
Buildings 1
Construction brick
Listing Agency: Montana's Best Realty
Listed By: Gym Anderson · License #RRE-BRO-LIC-12207
Source: Liveinmtrealestate
Added: Oct 1 Changed: Oct 4 Last Checked: Oct 4 at 2:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Montana's Best Realty

Investment Insights

Based on property information with market context.

Built in 1910, this brick mixed-use property in Cascade, Montana, brings together commercial space and two residential units. The 1,210-square-foot main level, formerly a bank lobby, is an open area with potential for a range of commercial uses. A 1,210-square-foot penthouse apartment has two bedrooms and one-and-a-half bathrooms, with updated kitchen, windows, and flooring. The lower level includes a separate two-bedroom, one-bathroom apartment.

The property has 140 feet of frontage on the Missouri River, with direct water access, a firepit, and a family picnic area. A 24-by-24-foot garage and full RV hookups for three units add further site features. The building’s commercial and residential spaces sit within a historic brick structure whose restoration work is largely complete.

Key Highlights

  • Built in 1910 as Cascade’s original bank building
  • Two 1,210‑square‑foot levels: an open commercial floor and a penthouse apartment
  • Penthouse has 2 bedrooms, 1.5 bathrooms, and a new kitchen, windows, and flooring

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Auto Parts Store Electrical Service Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Sinclair Shops & Services
3,255 visits/mo 0.2 miles

Demographics for 59421, MT

2,057
Population
1,439
Households
1.4
Avg Household Size
53
Median Age
30%
College-Educated
92%
High-School Grad
746.6 sq mi
ZIP Area
3
Density / Sq Mi
$71,688
Median Household Income
$45,045
Median Earnings
$1,014
Median Rent
$337,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - A restored brick building combines two apartments, flexible commercial space, and direct access to the Missouri River.
Where is this mixed-use property located?
The property is located at 1 Central Ave East Cascade, MT.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Built in 1910 as Cascade’s original bank building; Two 1,210‑square‑foot levels: an open commercial floor and a penthouse apartment; Penthouse has 2 bedrooms, 1.5 bathrooms, and a new kitchen, windows, and flooring
More about this property
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