Motel Converted to SRO
For Sale
$2,500,000
1521 NW 1st Avenue, Great Falls, MT 59404
CommercialSale, Great Falls, MT
Property Size7,512 SF
Price / SF$332.80
Days on Market159
Property Features for 1521 NW 1st Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
C2
Directions
See Address
Subdivision
12M - Other Montana Counties
Standard status
Active
APN
0001832800
Size
7,512 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
WEST GREAT FALLS ADD, S03, T20 N, R03 E, BLOCK 034, LOT 004, W40' LT 4 & ALL LTS 5-12
Tax Annual Amount
6500
Legal Description
WEST GREAT FALLS ADD, S03, T20 N, R03 E, BLOCK 034, LOT 004, W40' LT 4 & ALL LTS 5-12
Building Details
Year built
1954
Listing Agency:
Century 21 Shea Realty · Century 21 Real Estate
(406) 723-5455
Listed By:
Gary Shea · License #BRO-10976
(406) 490-7432
Added: Mar 18
Changed: Aug 19
Last Checked: Aug 23 at 7:06PM
MLS# 409724
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Originally constructed in 1954, this motel property was converted in 2025 into 23 single-room occupancy units. Each unit includes a private bathroom, while four also feature kitchenettes. Operations began in October 2025, and exterior painting is underway.
Located at 1521 NW 1st Avenue in Great Falls, Montana, the property is positioned within Cascade County and includes 7,512 square feet. Its current configuration supports both short-term and long-term occupancy through individually equipped units, with an existing property management team remaining in place during the seller-financing term.
Located at 1521 NW 1st Avenue in Great Falls, Montana, the property is positioned within Cascade County and includes 7,512 square feet. Its current configuration supports both short-term and long-term occupancy through individually equipped units, with an existing property management team remaining in place during the seller-financing term.
Key Highlights
- 23 SRO units created through a 2025 motel conversion
- Every unit includes a private bathroom
- Four units feature kitchenettes
Property Analytics
Property Profile
Current Use
Lease Details
23
Residential units
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59404, MT
28,131
Population
11,828
Households
2.4
Avg Household Size
42
Median Age
31%
College-Educated
94%
High-School Grad
331.4 sq mi
ZIP Area
85
Density / Sq Mi
$79,327
Median Household Income
$44,545
Median Earnings
$1,034
Median Rent
$272,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Central Motel — 715 Central Ave W, Great Falls, MT 59404
- Alberta Motel — 1101 Central Ave W, Great Falls, MT 59404
- Gold Dust Casino — 770 6th St SW, Great Falls, MT 59404
- Fortune Casino — 722 6th St NW, Great Falls, MT 59404
Frequently Asked Questions
What type of property is this?
Motel - The property combines private lodging units with individual bathrooms and a limited number of kitchenette-equipped units.
Where is this motel located?
The property is located at 1521 NW 1st Avenue Great Falls, MT.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 23 SRO units created through a 2025 motel conversion; Every unit includes a private bathroom; Four units feature kitchenettes
