Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8 Us Highway 2 E Columbia Falls, MT 59912

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Half-acre lot with historical charm and high visibility.

    Property size:
    3,330 SF
    Lot size:
    0.50 Acres

    Property Features for 8 Us Highway 2 E

    General Information

    Standard status
    Active
    Size
    3,330 SF
    Lot size
    0.50 Acres

    Building Details

    Year built
    1930

    We can help!

    Listing Contact
    Kyle Archer
    Source: Exitrealty

    Listing Agency: RE/MAX Rocky Mountain Real Estate Listing Agent: Kyle Archer

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

    Learn more

    Overview

    Charming Columbia Falls Train Depot

    This property presents a fantastic opportunity in downtown Columbia Falls. Situated on a half-acre lot with frontage on Highway 2, it is within walking distance of all downtown amenities. The original Columbia Falls Train Depot offers charm and serves as a blank canvas for business or residential use. Zoned CB-2, the property features ample parking, a prime location, and high traffic count and visibility. The 3,330 square foot space includes wood flooring and picture windows, along with additional storage/staging area, all featuring wooden accents across the walls and ceilings. Thoughtfully remodeled in 2008 to update plumbing, electrical, and insulation while preserving its historical charm, the property is currently used as an active business.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    cultivate floral, Glacier Floral Designs, Twigs, Rose Petal Floral and Supplies

    Location Insight

    • Map
    • Local Demand
    City
    Columbia Falls
    County
    Flathead
    State
    Montana
    Longitude
    -114.17973
    Latitude
    48.369455

    Nearby Similar for Sale

    • $16,600,000
      10,905 SF

      Montana Horse Ranch and Venue

      Prestigious 40-acre horse ranch with multiple residences and venue potential.
      1187 Hodgson Rd, Columbia Falls, MT 59912
      View Details
    • $875,000
      2.96 Acres

      Income-Producing Multi-Family Property

      Five income units and RV site on 2.96 acres.
      300 Jayhawk Ln, Columbia Falls, MT 59912
      View Details
    • New
      $725,000
      1.52 Acres

      Multi-Family Property on 1.52 Acres

      Multi-family property with expansion potential on a scenic 1.52-acre parcel.
      680 Kelley Rd, Columbia Falls, MT 59912
      View Details
    • New
      $798,000
      1.00 Acre

      Two Homes Plus Heated Shop

      Two homes, heated shop, and shed on a one-acre lot.
      229 Sandy Hill Ln, Columbia Falls, MT 59912
      View Details
    • $1,800,000
      1,150 SF

      Modern Multifamily Investment Opportunity

      New construction multifamily property in Columbia Falls, Montana.
      10 Diane Rd, Columbia Falls, MT 59912
      View Details
    • $700,000

      Downtown Columbia Falls Commercial Building

      Versatile 12,050 SF building in Columbia Falls' downtown core.
      235 Nucleus Ave, Columbia Falls, MT 59912
      View Details
    • $700,000
      12,050 SF

      Versatile Commercial Building in Columbia Falls

      12,050 SF commercial building in downtown Columbia Falls.
      235 Nucleus Ave, Columbia Falls, MT 59912
      View Details
    • Contact for pricing

      Highway Commercial Property Near Glacier

      Commercial building and land for sale near Glacier National Park.
      7343 Us Highway 2 E, Columbia Falls, MT 59912
      View Details
    • Contact for pricing

      Downtown Columbia Falls Commercial Building

      Commercial building in downtown Columbia Falls, ideal for restaurant/retail.
      540 Nucleus Ave, Columbia Falls, MT 59912
      View Details
    • Contact for pricing
      3,537 SF

      Remodeled Home with Guest Apartment

      Custom home on 3 acres with no zoning restrictions.
      205 Kinnikinnick Ln, Columbia Falls, MT 59912
      View Details
    • Contact for pricing
      5,848 SF

      Freestanding Class A Retail Property

      Class A commercial property in Columbia Falls, Montana.
      1015 9Th St W, Columbia Falls, MT 59912
      View Details

    FAQs

    What type of property is this?
    Storefront property - Half-acre lot with historical charm and high visibility.
    Where is this storefront property located?
    The property is located at 8 Us Highway 2 E Columbia Falls, MT.
    What are key features of this property?
    This property features: - Prime location in downtown Columbia Falls with **high traffic and visibility on Hwy 2**; - Zoned CB-2, offering endless opportunities for business or dwelling; - Half-acre lot with ample parking and frontage on both Hwy 2 and a city road
    (406) 862-9000
    Request Owner's contact information
    8 Us Highway 2 E Columbia Falls, MT 59912
    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.
    8 Us Highway 2 E
    Columbia Falls, MT 59912
    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
    8 Us Highway 2 E Columbia Falls, MT 59912
    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

    We can help!
    Listing Contact
    Kyle Archer
    Real Estate License ID: RRE-RBS-LIC-85276
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!