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Mixed-Use Property with Retail
For Sale
$648,000

115 NE Main Street, Lewistown, MT 59457

CommercialSale, Lewistown, MT

Property Size7,082 SF
Price / SF$91.50
Days on Market55

Property Features for 115 NE Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Suburban Residential Zone Un-zoned
Parking 12
Subdivision Judith Place Add
Standard status Active
APN 001337
Size 7,082 SF

Taxes and HOA fees

Tax Description Judith Place ADD, S11, T15N, R18 E, Block 001, Lot 001-004
Tax Annual Amount 3246
Legal Description Judith Place ADD, S11, T15N, R18 E, Block 001, Lot 001-004

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Window Unit(s)
Water source Public

Building Details

Year built 1948
Floors in Building 2
Building materials WoodSiding
Roof type Asphalt
Listing Agency: Montana Real Estate Brokers
Listed By: Kerry Skiles · License #RRE-BRO-LIC-98915
Added: Aug 12 Changed: Sep 14 Last Checked: Oct 5 at 5:06PM
MLS# 358051

Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 7,082-square-foot mixed-use property is being repositioned with retail areas and residential efficiency apartments. Retail Units 1 and 2 have been renovated and are occupied, while work continues on Unit 3. A firewall now separates the commercial and residential portions of the building, and a dedicated HVAC unit serves the retail spaces.

Recent site improvements include a newly installed sidewalk, cleanup of the parking lot, and a water main trunk line extending from the meter. The 1948 building has wood siding, an asphalt roof, forced-air natural gas heat, window-unit cooling, public water, and public sewer.

Key Highlights

  • 7,082‑square‑foot mixed‑use property with retail and residential efficiency apartments
  • Renovated retail Units 1 and 2 are occupied by tenants
  • Construction underway on retail Unit 3

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Restaurant Real Estate Agency Parking Lot & Garage HVAC Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

505
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ongoing redevelopment includes occupied renovated spaces, an active third retail buildout, and residential efficiency apartments.
Where is this mixed-use property located?
The property is located at 115 NE Main Street 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: 7,082‑square‑foot mixed‑use property with retail and residential efficiency apartments; Renovated retail Units 1 and 2 are occupied by tenants; Construction underway on retail Unit 3
More about this property
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