Mixed-Use Property with Two
123 Main Street, Bearcreek, MT 59007
For Sale
$285,000
CommercialSale, BearCreek, MT
Property Size1,064 SF
Lot Size0.92 Acres
Price / SF$267.86
Days on Market49
Property Features for 123 Main Street
General Information
Property type
Property subtype
Zoning description
Subdivision
Directions
Standard status
APN
Size
Lot size
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Amenities
older residence
former ice cream shop
sheds
Building Details
Year built
Floors in Building
Building materials
Roof type
Architectural style
Buildings
Listing Agency:
H BAR S Real Estate
(406) 446-3535
Listed By:
Rene Turnbull · License #RRE-RBS-LIC-99200
(406) 581-9207
Added: Sep 22
Changed: Nov 6
Last Checked: Nov 9 at 5:06AM
MLS# 362024
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.
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Investment Insights
Based on property information with market context.
This mixed-use property includes an older residence, a former ice cream shop, and two sheds across 11 lots. The improvements total 1,064 square feet and are offered in their existing condition, providing a combination of residential and commercial structures for continued use or redevelopment. Construction includes brick, frame, and masonry elements, with asphalt shingle roofing and propane heat.
The property is positioned on Main Street along the main highway in BearCreek, Montana. Public water and public sewer serve the site. The surrounding area includes access to hiking, fishing, skiing, Beartooth Highway, National Forest lands, and Yellowstone National Park, while Red Lodge is nearby. The 0.915-acre holding offers multiple lots and existing structures in a small-town setting.
The property is positioned on Main Street along the main highway in BearCreek, Montana. Public water and public sewer serve the site. The surrounding area includes access to hiking, fishing, skiing, Beartooth Highway, National Forest lands, and Yellowstone National Park, while Red Lodge is nearby. The 0.915-acre holding offers multiple lots and existing structures in a small-town setting.
Key Highlights
- 11‑lot mixed‑use property with an older residence and former ice cream shop
- 1,064 square feet of existing improvements
- Two sheds included with the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,893
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,860
$217.9K
Cap Rate 7%
$155,614
$155.6K
Cap Rate 9%
$121,033
$121.0K
Market Conditions
NOI Build-Up for 1,064 SF
Gross rent
$16.0K $15.00/SF
− Vacancy
−$399 −$0.38/SF
EGI
$15.6K $14.63/SF
− OpEx
−$4.7K −$4.39/SF
NOI
$10.9K $10.24/SF
Area
Carbon County, MT
Vacancy
2.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$217,860
Cap Rate 7%
$155,614
Cap Rate 9%
$121,033
Alternative Uses
Best Use
Retail
$155.6K
$136.2K – $181.6K
NOI $10,893 @ 7.0% cap · market cap 3.82%
Second Best
Mixed Use
$146.8K
$128.5K – $171.3K
NOI $10,278 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$232.2K
$203.1K – $270.9K
NOI $16,251 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
11
Businesses Nearby
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Business Placement
Demographics for 59007, MT
105
Population
55
Households
1.9
Avg Household Size
38
Median Age
39%
College-Educated
100%
High-School Grad
31.7 sq mi
ZIP Area
3
Density / Sq Mi
$110,250
Median Household Income
$907
Median Rent
$200,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Main highway frontage combines existing residential and commercial improvements with public water and sewer service.
Where is this mixed-use property located?
The property is located at 123 Main Street Bearcreek, MT.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 11‑lot mixed‑use property with an older residence and former ice cream shop; 1,064 square feet of existing improvements; Two sheds included with the property
