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    524 S 1St St, Unit Hamilton Hamilton, MT 59840

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    For Sale
    $430,000

    Historic commercial space with optional living in Hamilton, Montana.

    Property size:
    1 SF

    Property Features for 524 S 1St St

    General Information

    Size
    1 SF

    Building Details

    Year built
    1902

    Source: PureWest Real Estate Agent PureWest Real Estate

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Hamilton Commercial Opportunity

    Located at 524 S 1st Street in Hamilton, this commercial property, known as the historic Oliver Blood House, was built in 1902 and is situated on a 0.207-acre corner lot. The property offers downstairs commercial space with optional upstairs living, featuring 3 bedrooms and 1 bath. The main level includes a large kitchen and dining area, along with 2 rooms suitable for office or retail use. Additional features include a single detached one-car garage and a quaint old cottage that serves as storage space. Customer parking is conveniently located off the alleyway at the back of the property. The property, built in Queen Anne style by city founder Marcus Daly, is listed on the National Register of Historic Places and benefits from high visibility on Highway 93. This property presents an opportunity to establish a commercial venture.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamilton
    County
    Ravalli
    State
    Montana
    Longitude
    -114.1545693
    Latitude
    46.2421815

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    FAQs

    What type of property is this?
    Retail space - Historic commercial space with optional living in Hamilton, Montana.
    Where is this retail space located?
    The property is located at 524 S 1St St, Unit Hamilton Hamilton, MT.
    What is the asking price?
    The asking price for this property is $430,000.
    What are key features of this property?
    This property features: - Prime corner lot location with HIGH VISIBILITY on Highway 93.; - Downstairs commercial space with optional upstairs living (3 bedrooms, 1 bath).; - Listed on the National Register of Historic Places.
    (406) 885-6987
    Request Owner's contact information
    524 S 1St St, Unit Hamilton Hamilton, MT 59840
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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
    524 S 1St St, Unit Hamilton Hamilton, MT 59840
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