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    524 1St St Hamilton, MT 59840

    For Sale
    $450,000

    Prime corner lot, versatile space, high visibility.

    Property size:
    1,652 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property at 524 S 1st Street, Hamilton, Montana, presents a rare opportunity to own a piece of history. Built in 1902 and listed on the National Register of Historic Places, this Queen Anne-style building, constructed by city founder Marcus Daly, boasts 1,652 square feet situated on a desirable 0.21-acre corner lot. The property offers a unique blend of commercial and residential space. The main level features a spacious kitchen and dining area, perfect for a cafГ© or restaurant, along with two additional rooms ideal for office or retail use. Upstairs, discover a comfortable living space with three bedrooms and one bathroom. A detached single-car garage provides convenient parking for staff or owners, while a charming cottage on the property offers additional storage. Enjoy excellent visibility from Highway 93, ensuring high traffic and customer exposure. Convenient customer parking is available via an alleyway at the rear of the property. This property offers a remarkable chance to establish a thriving business while owning a significant piece of Hamilton's rich heritage. The combination of historic charm, versatile space, and prime location makes this an unparalleled investment opportunity. The asking price is $450,000.

    Property Features for 524 1St St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,652 SF
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1902
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Ravalli
    State
    Montana
    Longitude
    -114.1547
    Latitude
    46.24214

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    FAQs

    What type of property is this?
    Commercial real estate - Prime corner lot, versatile space, high visibility.
    Where is this commercial real estate located?
    The property is located at 524 1St St Hamilton, MT.
    What is the asking price?
    The asking price for this property is $450,000.
    (406) 375-0166
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    524 1St St Hamilton, MT 59840
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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
    524 1St St Hamilton, MT 59840
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