Retail and Office Investment
For Sale
$765,000
100 1st, Cascade, MT 59421
A 4,606-square-foot retail building with office space, central air, natural gas heat, and a second on-site building.
Property Size4,606 SF
Price / SF$166.09
Days on Market87
Property Features for 100 1st
General Information
Standard status
Active
Size
4,606 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,092
Amenities
cash wrap stations
dressing rooms
private offices
private restroom
storage room
partial basement
natural gas heating
central air conditioning
off-street parking
Building Details
Year Built
1999
Year Renovated
1999
Listing Agency:
Montana's Best Realty
Listed By:
Gym Anderson · License #RRE-BRO-LIC-12207
(406) 468-9911
Source:
Clearwaterproperties
Added: Jul 23
Changed: Oct 16
Last Checked: Oct 16 at 9:42AM
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
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Investment Insights
Based on property information with market context.
This for-sale commercial property includes a main retail layout with two cash wrap stations, four dressing rooms, two private offices, a private restroom, and a dedicated storage room. A partial basement provides additional storage, and a retail addition and showroom space were completed as part of a 1999 remodel. The building is supported by four electrical meters and includes natural gas heating and central air conditioning.
The property also features a second building on-site, which may be used for secure storage, a garage, or a workshop, with the option to remodel for additional retail or commercial space. Parking is available with convenient street parking plus off-street parking.
The property includes two restrooms, with one for the retail store and a second for a separate office area. Montana’s Best Realty is currently renting space and would like to continue with new owners.
The property also features a second building on-site, which may be used for secure storage, a garage, or a workshop, with the option to remodel for additional retail or commercial space. Parking is available with convenient street parking plus off-street parking.
The property includes two restrooms, with one for the retail store and a second for a separate office area. Montana’s Best Realty is currently renting space and would like to continue with new owners.
Key Highlights
- 4,606 SF commercial property in Cascade, MT, built in 1999 with major remodel completed in 1999
- Main retail area includes two cash wrap stations, four dressing rooms, two private offices, private restroom, and dedicated storage room
- 3,550 SF retail addition and showroom space plus a partial basement for additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,404
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,008,080
$1.0M
Cap Rate 7%
$720,057
$720.1K
Cap Rate 9%
$560,044
$560.0K
Market Conditions
NOI Build-Up for 4,606 SF
Gross rent
$74.6K $16.20/SF
− Vacancy
−$2.6K −$0.57/SF
EGI
$72.0K $15.63/SF
− OpEx
−$21.6K −$4.69/SF
NOI
$50.4K $10.94/SF
Area
Cascade County, MT
Vacancy
3.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,008,080
Cap Rate 7%
$720,057
Cap Rate 9%
$560,044
Alternative Uses
Best Use
Retail
$720.1K
$630.1K – $840.1K
NOI $50,404 @ 7.0% cap · market cap 6.59%
Second Best
Office B
$531.2K
$464.8K – $619.7K
NOI $37,184 @ 7.0% cap · market cap 4.86%
Theoretical Best
Specialty Retail
$896.4K
$784.3K – $1.05M
NOI $62,746 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
69
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - A 4,606-square-foot retail building with office space, central air, natural gas heat, and a second on-site building.
Where is this retail space located?
The property is located at 100 1st Cascade, MT.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: 4,606 SF commercial property in Cascade, MT, built in 1999 with major remodel completed in 1999; Main retail area includes two cash wrap stations, four dressing rooms, two private offices, private restroom, and dedicated storage room; 3,550 SF retail addition and showroom space plus a partial basement for additional storage
