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Historic Three-Level Office Building
For Sale
$450,000

101 Central Avenue, Great Falls, MT 59401

Masonry construction, elevator service, and sprinkler protection support flexible office layouts.

Property Size22,500 SF
Lot Size0.17 Acres
Days on Market9

Property Features for 101 Central Avenue

General Information

Standard status Active
Size 22,500 SF
Elevators Yes
Lot size 0.17 Acres
Property subtype Commercial

Additional Details

Sprinkler System Yes

Taxes and HOA fees

Annual Taxes $5,486

Building Details

Building Size 22,500 SF
Year Built 1895
Buildings 1
Stories 3
Construction masonry
Listing Agency: Catalyst Commercial
Listed By: Scott Blumfield · License #16312
Source: Avatarrealtymt
Added: Aug 12 Changed: Aug 13 Last Checked: Aug 20 at 2:13PM

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 Catalyst Commercial

Investment Insights

Based on property information with market context.

Built in 1895, this three-level office property combines masonry construction with functional floor plates suited to professional and commercial occupancy. Each level measures approximately 7,500 square feet, creating substantial space for organized office layouts and a range of business configurations. An elevator serves the building, and a fire sprinkler system is in place.

The property occupies approximately 0.17 acres at 101 Central Avenue in Downtown Great Falls, within the city’s central business district. Restaurants, retail businesses, government offices, and professional services surround the site, placing daily amenities within the downtown setting. The building can accommodate either a single-tenant arrangement or multiple office users across its floors.

Key Highlights

  • Three‑level office building with approximately 7,500 square feet per level
  • Constructed in 1895 with retained masonry character
  • Elevator serves all three levels

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store Catering Service (Bike/Boat/Book/etc) Store Butcher Locksmith Veterinary Clinic

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

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,548
Businesses Nearby

Demographics for 59401, MT

13,030
Population
6,921
Households
1.9
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
3.0 sq mi
ZIP Area
4,343
Density / Sq Mi
$53,750
Median Household Income
$33,209
Median Earnings
$767
Median Rent
$206,100
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Masonry construction, elevator service, and sprinkler protection support flexible office layouts.
Where is this office building located?
The property is located at 101 Central Avenue Great Falls, MT.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Three‑level office building with approximately 7,500 square feet per level; Constructed in 1895 with retained masonry character; Elevator serves all three levels
More about this property
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