Property profile

72 Castner St Belt, MT 59412

OFF-MARKET
Retail space
Property ID
US52-0944068
6,000 SF 0.07 ac lot Built 1896
Individually Owned 9-yr Hold
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Property summary

AI-generated overview

This remarkable 9,000 square foot commercial building, located at 72 Castner Street in Belt, Montana's historic commercial district, presents a unique investment opportunity. Constructed in 1896 from locally quarried sandstone, this two-story structure stands as a testament to Belt's transition from a mining camp to a thriving town. Its architectural significance is undeniable, featuring an original pressed cornice, pediment, and storefront, all beautifully preserved. The building's metalwork proudly displays the date 1896 and the original business name, "BELT HARDWARE CO, HARNESS, FARM IMPLEMENTS and VEHICLES," showcasing its rich history. As one of the anchor buildings in the district, it retains a high degree of integrity and is considered a key contributing structure to Belt's historical landscape. The 0.06-acre lot provides ample space for various commercial uses. The building's substantial size and prime location within the historic district offer significant potential for adaptive reuse and redevelopment, making it an exceptional opportunity for investors seeking a piece of Montana history. The property is listed at $325,000. This is a rare chance to own a piece of Montana's vibrant past and shape its future.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1896
Construction WOOD
Total area 6,000 SF
Lot 0.07 ac (3,006 SF)
APN 02-2895-26-1-17-26-0000
UPID US52-0944068

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

72 Castner St Belt, MT 59412
Belt metro Census 10600 GREAT FALLS, MT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2016
2 recorded transactions
2016
Price N/A
2007
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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