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Bitterroot Valley Shopping Center
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1235 N 1st St, Hamilton, MT 59840

Shopping center with development land and long-term tenants.

Property Size61,120 SF
Lot Size6.71 Acres
Price / SF$65.45
Days on Market1913

Property Features for 1235 N 1st St

General Information

Standard status Active
Size 61,120 SF
Lot size 6.71 Acres
Property subtype Retail
Occupancy 100%
Lease Type NNN
Investment Type Core+
Net Operating Income $338,896

Building Details

Year Built 1988
Buildings 2
Tenancy Single
Listing Agency: NAI Business Properties
Listed By: Michael Walker · License #MT RRE-BRO-LIC-9143
Source: Crexi
Added: Jun 7, 2021 Changed: Aug 17 Last Checked: Aug 31 at 7:55PM

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 NAI Business Properties

Investment Insights

Based on property information with market context.

The Bitterroot Valley Shopping Center encompasses approximately 6.71 acres, divided into Parcel A-1 at 5.09 acres and Lot 3 at 1.62 acres. The property features two buildings: a 57,759-square-foot former Kmart and a US Bank branch occupying 3,340 square feet. Both tenants have recently exercised their option to extend their leases. The center includes additional development land suitable for retail purposes, adjacent to the Kmart building.

Key Highlights

  • Anchor Tenants with Recently Extended Leases: Former Kmart (57,759 SF) and US Bank (3,340 SF) provide stable income.
  • Significant Development Land: Additional retail development land available adjacent to the Kmart building.
  • Large Property Size: Total of 6.71 acres, offering substantial space and potential.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Garden Center Parking Lot & Garage Grocery & Convenience Store Big Box & Wholesale Store Dental Office Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

321
Businesses Nearby
117k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 39% Shops & Services 22% Dining 21% Apparel 8%
Super 1 Foods Groceries
25,768 visits/mo 0.2 miles
Albertsons Groceries
20,284 visits/mo 0.1 miles
Taco Bell Dining
12,335 visits/mo 0.3 miles
Exxon Shops & Services
11,489 visits/mo 0.3 miles
Bob Ward's Sports & Outdoors Apparel
9,401 visits/mo 0.2 miles

Demographics for 59840, MT

14,466
Population
7,287
Households
2
Avg Household Size
51
Median Age
33%
College-Educated
93%
High-School Grad
537.4 sq mi
ZIP Area
27
Density / Sq Mi
$64,493
Median Household Income
$32,962
Median Earnings
$1,054
Median Rent
$398,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Shopping center with development land and long-term tenants.
Where is this shopping center located?
The property is located at 1235 N 1st St Hamilton, MT.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: Anchor Tenants with Recently Extended Leases: Former Kmart (57,759 SF) and US Bank (3,340 SF) provide stable income.; Significant Development Land: Additional retail development land available adjacent to the Kmart building.; Large Property Size: Total of 6.71 acres, offering substantial space and potential.
(406) 294-6304 Call to check price and availability
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