Laurel Multifamily Redevelopment
For Sale
$499,000
410 Colorado Avenue, Laurel, MT 59044
Two buildings totaling 59,050 SF on a 90,000 SF lot.
Property Size59,040 SF
Price / SF$8,457
Days on Market336
Property Features for 410 Colorado Avenue
General Information
Standard status
Active
Size
59,040 SF
Property subtype
Multifamily
Zoning
Residential Multi-Family
Building Details
Building Size
59,040 SF
Year Built
1910
Stories
3
Listing Agency:
Coldwell Banker Commercial CBS
(406) 656-2001
Listed By:
Nathan Matelich · License #14174
(406) 656-2001
Source:
Cbcworldwide
Added: Sep 10, 2025
Changed: Aug 8
Last Checked: Apr 5 at 8:36PM
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 Coldwell Banker Commercial CBS
Investment Insights
Based on property information with market context.
Located in Laurel, Montana, 410 Colorado Avenue presents a multifamily or residential condo redevelopment opportunity. The property includes two buildings totaling 59,050 square feet, situated on a 90,000 square foot lot. The larger building is 50,454 square feet and the auditorium building is 7,900 square feet. Constructed in 1910, the property is zoned Residential 6000. Currently, Laurel Public Schools occupies a portion of the building. A buyer would need to arrange an exit strategy or short-term lease back with the school.
Key Highlights
- Ideal multifamily or residential condo redevelopment opportunity in a rapidly growing city with a shortage of rentals/condos.
- Purchase land and building "shell" at $20 PSF, significantly less than new construction costs.
- Two buildings totaling 59,050 SF on a 90,000 SF lot.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Explore this area
Business Placement
Demographics for 59044, MT
12,099
Population
5,247
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
95%
High-School Grad
175.1 sq mi
ZIP Area
69
Density / Sq Mi
$86,011
Median Household Income
$40,535
Median Earnings
$983
Median Rent
$317,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings totaling 59,050 SF on a 90,000 SF lot.
Where is this apartment building located?
The property is located at 410 Colorado Avenue Laurel, MT.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Ideal multifamily or residential condo redevelopment opportunity in a rapidly growing city with a shortage of rentals/condos.; Purchase land and building "shell" at $20 PSF, significantly less than new construction costs.; Two buildings totaling 59,050 SF on a 90,000 SF lot.
