Restored Corner Commercial
A-102 W Main St Manhattan, MT 59741
For Sale
$1,750,000
Refurbished two-suite corner building with extensive ceilings, multiple office rooms, and a shared basement with fire suppression.
Property Size12,000 SF
Price / SF$145.83
Days on Market500
Property Features for A-102 W Main St
General Information
- Standard status
- Active
- Size
- 12,000 SF
Listing Agency:
AmeriMont Real Estate
(406) 539-5382
Listed By:
Regan Barranger · License #BRO-38911
(406) 539-5382
Source:
Exprealty
Added: Mar 13, 2025
Changed: Jul 23
Last Checked: Jul 24 at 2:10PM
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 AmeriMont Real Estate
Investment Insights
Based on property information with market context.
This restored corner commercial property was refurbished and transformed into two distinct commercial units while preserving original hardwood flooring, brick embellishments, expansive windows, and 20-foot artisan tin ceilings. Suite A spans approximately 3,600 square feet across main and upper levels, including a generous open area, five individual offices, a conference room, copy room, file room, two bathrooms on the main floor, and one bathroom upstairs. Suite B encompasses approximately 2,400 square feet and features a remodeled open space with two offices, a well-appointed kitchen, a storage room, and a bathroom. Each suite includes a basement of approximately 6,000 square feet, equipped with a fire suppression system and designed for ample storage.
The property is located in downtown Manhattan within a restored corner building at Main & Broadway and is zoned within the Central Business District, supporting a range of professional and commercial uses.
Suite A is currently owner occupied and is subject to a negotiable Seller Leaseback, with details available upon request.
The property is located in downtown Manhattan within a restored corner building at Main & Broadway and is zoned within the Central Business District, supporting a range of professional and commercial uses.
Suite A is currently owner occupied and is subject to a negotiable Seller Leaseback, with details available upon request.
Key Highlights
- Restored corner building at Main & Broadway in downtown Manhattan, zoned Central Business District
- Two refurbished commercial suites: Suite A ~3,600 SF and Suite B ~2,400 SF, both with remodeled interior space
- Suite A includes five offices, a conference room, copy room, file room, and bathrooms (two on main, one upstairs)
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.0k | $18.00 |
| − Vacancy | −$15.1k | −$1.26 |
| EGI | $200.9k | $16.74 |
| − OpEx | −$60.3k | −$5.02 |
| NOI | $140.6k | $11.72 |
12,000 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$2.52M
$2.21M – $2.94M
NOI $176,526 @ 7.0% cap · market cap 10.09%
Second Best
Retail
$2.01M
$1.76M – $2.34M
NOI $140,616 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$3.13M
$2.74M – $3.66M
NOI $219,341 @ 7.0% cap · market cap 12.53%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Refurbished two-suite corner building with extensive ceilings, multiple office rooms, and a shared basement with fire suppression.
Where is this office units located?
The property is located at A-102 W Main St Manhattan, MT.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Restored corner building at Main & Broadway in downtown Manhattan, zoned Central Business District; Two refurbished commercial suites: Suite A ~3,600 SF and Suite B ~2,400 SF, both with remodeled interior space; Suite A includes five offices, a conference room, copy room, file room, and bathrooms (two on main, one upstairs)
