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10-Unit Mixed-Use Redevelopment Building
For Sale
Contact for pricing
Pending

412 Broadway Ave N, Red Lodge, MT 59068

Ten-unit building in Red Lodge with redevelopment potential for commercial space on the ground floor.

Property SizeContact for details
Days on Market134

Property Features for 412 Broadway Ave N

General Information

Standard status Pending
Property subtype Retail

Additional Details

Traffic Count 5,109 vehicles/day
Multifamily Units 10
Listing Agency: Coldwell Banker Mountain Properties
Listed By: Cecil Waatti · License #RRE-BRO-LIC-99389
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 21 at 8:32PM

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 Coldwell Banker Mountain Properties

Investment Insights

Based on property information with market context.

This property is a 10-unit building in Red Lodge that has operated as a town-center location and is offered for sale as an investor opportunity. The seller states the building can be purchased as-is or redeveloped into a new mixed-use building with commercial on the bottom and residential rentals on the second floor.

The site is located at 412 Broadway Ave N in the heart of Red Lodge. The provided traffic context for 2022 lists AADT at 5,109.

For buyers looking to stabilize current income while considering future reconfiguration, this property offers a straightforward path to keep it as a 10-unit asset or pivot to a mixed-use concept as described in the remarks.

Key Highlights

  • 10‑unit building in Red Lodge that previously served as the town center
  • Opportunity to purchase as‑is or redevelop into a new building
  • Redevelopment plan includes commercial space on the bottom floor and residential rentals on the second floor

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Carpet & Flooring Store Catering Service Computer & Electronic Repair Home Appliance Store (Bike/Boat/Book/etc) Store

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

Lease Details

10
Residential units
5,109 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

Demographics for 59068, MT

3,670
Population
2,967
Households
1.2
Avg Household Size
52
Median Age
47%
College-Educated
99%
High-School Grad
520.9 sq mi
ZIP Area
7
Density / Sq Mi
$63,704
Median Household Income
$33,293
Median Earnings
$795
Median Rent
$413,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten-unit building in Red Lodge with redevelopment potential for commercial space on the ground floor.
Where is this apartment building located?
The property is located at 412 Broadway Ave N Red Lodge, MT.
What are key features of this property?
This property features: 10‑unit building in Red Lodge that previously served as the town center; Opportunity to purchase as‑is or redevelop into a new building; Redevelopment plan includes commercial space on the bottom floor and residential rentals on the second floor
(406) 890-4000 Call to check price and availability
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