Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Office Space For Lease Title is generated by Realmo AI

    1617 Euclid Ave Unit #2, Helena, MT 59601

    View on Map
    Picture of Office Units at 1617 Euclid Ave Unit #2, Helena, MT
    For Lease
    $1,500 /Mo

    1,008 SF Office Space For Lease

    Added:
    May 12, 2025
    Days on Market:
    367
    Last Refresh:
    Mar 16 at 9:05 am

    Property Features for 1617 Euclid Ave Unit #2

    General Information

    Standard status
    Active
    Property type
    Office Units, Office properties & Spaces
    Elevators
    N/A
    Rate Type
    Monthly

    Building Details

    Buildings
    1
    Stories
    1

    We can help!

    Listing Contact
    Beau Stumberg

    Listing agent Beau

    Listing office

    Listing date May 12, 2025

    Overview

    This vacant office suite, previously utilized as a securities office and a hair salon, offers versatility. It is located on Euclid Ave, benefiting from high visibility and significant drive-by traffic. The property is situated in a professional building and includes two small private offices, an open workspace, a small kitchen area, and an ADA-compliant half bath. The space is 1,008 SF.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Great Northern Chiro ... Alternative Medicine Practice Edward Jones - Financial ... Financial Advisor Angel Care LLC Home Health Care Service Great Northern Chiro ... Medical Clinic Northwestern Mutual- Courtney ... Financial Advisor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Helena
    County
    Lewis and Clark
    State
    Montana
    Longitude
    -112.163
    Latitude
    46.5543

    Nearby Similar for Lease

    • $475/Mo

      Shared Commercial Space on Montana

      Well-located shared commercial space on North Montana Avenue.
      4289 N Montana Avenue, Helena, MT 59602
      View Details
    • $1,300/Mo

      Professional Office Space on Montana

      Well-located commercial space with shared amenities on North Montana Avenue.
      4289 N Montana Avenue, Helena, MT 59602
      View Details
    • $900/Mo

      Shared Commercial Space on Montana

      Well-located shared commercial space with excellent visibility on North Montana.
      4289 N Montana Avenue, Helena, MT 59602
      View Details
    • $625/Mo

      Helena Office Space For Lease

      Office space available near downtown Helena.
      212 N Rodney Street, Helena, MT 59601
      View Details
    • $1,450/Mo

      Retail Space on Euclid Avenue

      Retail space with high visibility and signage opportunities.
      1414 Euclid Avenue, Helena, MT 59601
      View Details
    • $1,400/Mo

      Downtown Helena Turnkey Office Suite

      Turnkey office suite in downtown Helena with shared amenities.
      9 Placer Avenue, Helena, MT 59601
      View Details
    • $16 SF/Yr

      Downtown Helena Office Suite

      Premier office space in a historic downtown landmark building.
      24 W 6th Avenue, Helena, MT 59601
      View Details
    • $25 SF/Yr

      Helena Office Spaces Available

      Office spaces for rent with flexible lease terms.
      2001 11th Avenue, Helena, MT 59601
      View Details
    • $12 SF/Yr

      Class A Office Space

      Bright office space with views, natural light, and parking.
      754 River Rock Drive unit: 100, Helena, MT 59602
      View Details
    • $1,385/Mo

      Office Space in Great Northern

      Sought-after office location in the Great Northern Town Center.
      40 W 14th Street, Helena, MT 59601
      View Details
    • $19 SF/Yr

      Helena Office Suite For Lease

      Office suite in Helena's medical park, ideal for medical use.
      2626 Winne Avenue, Helena, MT 59601
      View Details
    • $1,300/Mo

      Office Space with Ample Parking

      Office suite available for rent with high visibility.
      629 Helena Avenue, Helena, MT 59601
      View Details

    FAQs

    What type of property is this?
    Office units - 1,008 SF Office Space For Lease
    Where is this office units located?
    The property is located at 1617 Euclid Ave Unit #2 Helena, MT.
    What is the lease rate?
    The lease rate is $1,500 /Mo.
    (406) 439-2884
    We can help!
    Listing Contact
    Beau Stumberg
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    1617 Euclid Ave Unit #2, Helena, MT 59601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!