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    309 W Main St Lewistown, MT 59457

    Sponsored
    For Sale
    $475,000

    SINGLE_FAMILY - Other - Lewistown, MT

    Type:Office
    Property size:
    7,200 SF
    Lot size:
    0.04 Acres
    Days on Market:
    217
    Last Refresh:
    Jan 5 at 5:06 am

    Property Features for 309 W Main St

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Security features
    Security
    APN
    2702
    Size
    7,200 SF
    Lot size
    0.04 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Hot Water(Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1913
    Floors in Building
    3
    Building materials
    Block
    Roof type
    Membrane
    Architectural style
    Other

    Greater Montrana Land Company (406) 538-5448

    Listing agent Joseph Irish (406) 538-5448

    Listing date Jun 3, 2025

    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.

    Overview

    Historical Mixed-Use Warr-Lane Building

    The historical Warr-Lane Building, designed by architects Link & Haire, is located in Lewistown, MT. The building has been largely restored to its original design, featuring hardwood floors, original trim and doors, an updated fire alarm system, fresh interior paint, updated plumbing and wiring, a new boiler, and a new roof. The main floor, originally a women's clothing store, currently houses a beauty salon. The second story, once a doctor's office, has been restored into an office space with natural light. The third story contains a 2+ bedroom, 2 bath apartment. The property generates a current rental income of $2,130 per month, with the office area currently vacant. The building has a total size of 7,200 square feet and is situated on a 0.0413-acre lot. This mixed-use property presents an investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lewistown
    County
    Fergus
    State
    Montana
    Longitude
    -109.426204
    Latitude
    47.065053

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    FAQs

    What type of property is this?
    Mixed-use property - Restored mixed-use building with retail, office, and residential spaces.
    Where is this mixed-use property located?
    The property is located at 309 W Main St Lewistown, MT.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Historical Warr-Lane Building designed by renowned architects Link & Haire.; - Restored to its original roots with hardwood floors, original trim and doors.; - Multiple income streams: beauty salon and 2+ bedroom apartment with current rental income of $2,130/month.
    (406) 538-5448
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    309 W Main St Lewistown, MT 59457
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    Lewistown, MT 59457
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    Realmo Value Estimation

    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.

    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.

    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
    309 W Main St Lewistown, MT 59457
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