Mixed-Use Property Under
For Sale
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115 NE Main St, Lewistown, MT 59457
Mixed-use property featuring retail and residential spaces, undergoing renovation.
Property Size7,082 SF
Price / SF$91.50
Days on Market152
Property Features for 115 NE Main St
General Information
Standard status
Active
Size
7,082 SF
Property subtype
Hospitality
Net Operating Income
$88,740
Building Details
Year Built
1948
Listing Agency:
Montana Real Estate Brokers
Listed By:
Kerry Skiles · License #MT RRE-BRO-LIC-98915
Source:
Crexi
Added: Mar 13
Changed: Aug 10
Last Checked: Aug 10 at 6:23AM
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 Montana Real Estate Brokers
Investment Insights
Based on property information with market context.
The property at 115 NE Main St, Lewistown MT, is undergoing renovation to transform a former motel into a mixed-use property featuring retail spaces and residential efficiency apartments. The property size is 7082 square feet. Units 1 and 2 retail spaces have been fully renovated and are currently occupied by tenants. Construction on unit 3 retail is actively underway. A firewall has been installed to separate the retail and residential areas. A new sidewalk has been poured to improve property access, and the parking lot has been cleaned. A new HVAC unit zoned specifically to the retail spaces has been installed. A new water main trunk line from the meter has been installed to support the building's updated utility needs. These renovations are intended to support the mixed-use nature of the property.
Key Highlights
- Mixed‑use property with retail and residential potential.
- Two retail spaces are fully renovated and currently occupied by tenants.
- Active construction underway on a third retail space.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
Explore this area
Business Placement
Demographics for 59457, MT
8,894
Population
4,710
Households
1.9
Avg Household Size
47
Median Age
23%
College-Educated
94%
High-School Grad
995.6 sq mi
ZIP Area
9
Density / Sq Mi
$59,682
Median Household Income
$36,897
Median Earnings
$877
Median Rent
$205,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property featuring retail and residential spaces, undergoing renovation.
Where is this mixed-use property located?
The property is located at 115 NE Main St Lewistown, MT.
What is the asking price?
The asking price for this property is $648,000.
What are key features of this property?
This property features: Mixed‑use property with retail and residential potential.; Two retail spaces are **fully renovated** and currently occupied by tenants.; Active construction underway on a third retail space.
