Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    406 Broadway St Townsend, MT 59644

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $299,000

    High-traffic location, versatile office/retail space.

    Property size:
    1,404 SF

    Property Features for 406 Broadway St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,404 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1905

    We can help!

    Listing Contact
    David Wells

    Listing Agency: PureWest Real Estate - Missoula Listing Agent: David Wells

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 1,404 square foot commercial property, situated at 406 Broadway Street in the heart of downtown Townsend, Montana, presents a unique investment opportunity. The building boasts a prime location with high pedestrian traffic, ensuring excellent visibility and accessibility for any business. The interior features a welcoming walk-in boutique showroom at the front, ideal for retail displays or client interaction. Beyond the showroom, the space includes two well-maintained private offices, perfect for individual work or consultations, and a separate conference room suitable for meetings or collaborative projects. A practical built-in sink and counter space in the rear offer the potential for a convenient kitchenette, complemented by an existing bathroom. Ample street parking is readily available in front of the building, with additional private parking accessible from the back alley. The 0.07-acre lot provides convenient access and potential for future expansion. This versatile space is well-suited for a variety of commercial uses, including retail boutiques, professional offices, private practices, or other similar ventures. The property's central location and functional layout make it an attractive option for entrepreneurs and investors seeking a thriving business environment in the vibrant town of Townsend. Don't miss this chance to secure a valuable commercial property in a desirable location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lolo Pogi Boutique ... Clothing & Fashion Store UPS Authorized Shipping ... Courier Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Townsend
    County
    Broadwater
    State
    Montana
    Longitude
    -111.5169
    Latitude
    46.32044

    Nearby Similar for Sale

    • $1,140,000
      1.00 Acre

      New Construction Duplex Near Lake

      Modern duplex in Canyon Ferry Lake subdivision, ideal for investment.
      19 Berry Ln, Townsend, MT 59644
      View Details
    • Contact for pricing
      3,308 SF

      Townsend Warehouse For Sale

      3,308 square foot warehouse in Townsend, Montana.
      401 S Front St, Townsend, MT 59644
      View Details
    • $725,000
      3 SF

      Townsend Investment Opportunity For Sale

      Storage units, mobile homes, and RV spaces with rental history.
      704 N Front St, Townsend, MT 59644
      View Details
    • $895,000
      10.00 Acres

      Townsend Mixed-Use Investment Opportunity

      10-Acre Commercial & Development Land
      7 Grandview Loop, Townsend, MT 59644
      View Details
    • $299,000

      Downtown Townsend Mixed-Use Building

      Prime Townsend Commercial Space: High Traffic Location
      406 Broadway St, Townsend, MT 59644
      View Details
    • $635,000
      0.49 Acres

      Townsend MT Mixed-Use Business

      Turn-key car wash & vacuum center, high traffic location.
      512 Front St, Townsend, MT 59644
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - High-traffic location, versatile office/retail space.
    Where is this commercial real estate located?
    The property is located at 406 Broadway St Townsend, MT.
    What is the asking price?
    The asking price for this property is $299,000.
    (406) 541-4000
    Request Owner's contact information
    406 Broadway St Townsend, MT 59644
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    406 Broadway St
    Townsend, MT 59644
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    406 Broadway St Townsend, MT 59644
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Wells
    (406) 541-4000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!