Property profile

224 Ctr Ave Hardin, MT 59034

OFF-MARKET
Retail space
Property ID
US52-0344563
13,360 SF 0.16 ac lot Built 1916
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a unique blend of commercial and residential properties in Hardin, Montana's vibrant downtown area. The property comprises a well-maintained multi-level building featuring four established businesses on the ground floor and seven apartments on the upper level. The commercial tenants currently include a home healthcare provider, an insurance office, a hair salon, and the renowned 4-Aces Bar & Lounge. The 4-Aces Bar & Lounge is a long-standing, family-owned establishment with a rich history, encompassing a restaurant, casino, and liquor store. The sale includes the opportunity to acquire the existing equipment, fixtures, furnishings, and licenses associated with the 4-Aces Bar & Lounge. This turnkey operation offers immediate income generation potential. The building benefits from ample street parking and a dedicated parking lot, ensuring convenient access for both tenants and customers. Situated on a 0.16-acre lot at 224 N Center Avenue, this property represents a rare chance to own a piece of Hardin's history and secure a substantial income stream. The current owners are planning for retirement, making this a timely opportunity for a new owner to take the reins of this established and successful business. The asking price is $1,300,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1916
Construction WOOD
Total area 13,360 SF
Lot 0.16 ac (7,013 SF)
Zoning code 6
APN 22-0934-23-4-13-10-0000
UPID US52-0344563

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Insurance Agency

Location

224 Ctr Ave Hardin, MT 59034-1908
Hardin metro Census 100
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$630k

Owner & transaction history

Zoning & alternative use

6 · Hardin, MT

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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