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

115 NE Main Street, Lewistown, MT 59457

Renovation includes occupied storefronts, a third retail unit under construction, and efficiency apartments.

Property Size7,082 SF
Price / SF$91.50
Days on Market2

Property Features for 115 NE Main Street

General Information

Standard status Active
Size 7,082 SF
Listing Agency: Montana Real Estate Brokers
Listed By: Kerry Skiles · License #RRE-BRO-LIC-98915
Source: Patschindele
Added: Sep 6 Last Checked: Sep 7 at 10:01AM

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.

Located at 115 NE Main Street in Lewistown, this mixed-use property is being repositioned from a former motel into a combination of retail and residential space. Retail Units 1 and 2 have been renovated and are occupied, while work continues on Unit 3. Efficiency apartments are also part of the redevelopment plan.

A firewall has been installed to separate the commercial and residential portions of the building. Additional improvements include a new sidewalk, cleanup of the parking lot, a dedicated HVAC unit serving the retail areas, and a new water main trunk line from the meter. The property remains an active renovation project with commercial and residential components.

Key Highlights

  • Retail Units 1 and 2 are renovated and occupied
  • Unit 3 retail construction is actively underway
  • Mixed‑use redevelopment includes retail space and residential efficiency apartments

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store Pet Grooming Service Daycare Center Wine and Liquor Store

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

Location Intelligence

Trade Area within ½ mile

51
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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovation includes occupied storefronts, a third retail unit under construction, and 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: Retail Units 1 and 2 are renovated and occupied; Unit 3 retail construction is actively underway; Mixed‑use redevelopment includes retail space and residential efficiency apartments
More about this property
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