Two-Level Flex
For Sale
$750,000
1610 10th Avenue S, Great Falls, MT 59405
Commercial building with a main floor and basement in a high-traffic setting.
Property Size2,868 SF
Days on Market51
Property Features for 1610 10th Avenue S
General Information
Standard status
Active
Size
2,868 SF
Property subtype
Building/Land
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,913
Building Details
Building Size
2,868 SF
Year Built
1985
Listing Agency:
Dahlquist Realtors
Listed By:
Kristen Loney · License #RRE-RBS-LIC-79697
(406) 799-9439
Source:
Liveinmtrealestate
Added: Aug 26
Changed: Oct 6
Last Checked: Oct 12 at 11:45PM
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 Dahlquist Realtors
Investment Insights
Based on property information with market context.
This flex space includes a primary floor and a basement, offering a two-level commercial configuration for a range of business layouts. The building was constructed in 1985 and is positioned along 10th Avenue S in Great Falls, Montana.
Daily traffic is reported at 35,000–42,000 vehicles, providing substantial exposure from the surrounding roadway. The property’s combination of above-grade and basement space supports varied operational and customer-facing configurations, subject to the intended use.
Daily traffic is reported at 35,000–42,000 vehicles, providing substantial exposure from the surrounding roadway. The property’s combination of above-grade and basement space supports varied operational and customer-facing configurations, subject to the intended use.
Key Highlights
- Flex space classification
- Main level plus basement configuration
- 35,000–42,000 vehicles daily traffic count
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,385
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,700
$627.7K
Cap Rate 7%
$448,357
$448.4K
Cap Rate 9%
$348,722
$348.7K
Market Conditions
NOI Build-Up for 2,868 SF
Gross rent
$46.5K $16.20/SF
− Vacancy
−$1.6K −$0.57/SF
EGI
$44.8K $15.63/SF
− OpEx
−$13.5K −$4.69/SF
NOI
$31.4K $10.94/SF
Area
Cascade County, MT
Vacancy
3.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$627,700
Cap Rate 7%
$448,357
Cap Rate 9%
$348,722
Alternative Uses
Best Use
Retail
$448.4K
$392.3K – $523.1K
NOI $31,385 @ 7.0% cap · market cap 4.18%
Second Best
Flex RnD
$359.5K
$314.6K – $419.5K
NOI $25,167 @ 7.0% cap · market cap 3.36%
Theoretical Best
Specialty Retail
$558.1K
$488.4K – $651.2K
NOI $39,070 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
667
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59405, MT
33,578
Population
15,260
Households
2.2
Avg Household Size
35
Median Age
29%
College-Educated
94%
High-School Grad
479.4 sq mi
ZIP Area
70
Density / Sq Mi
$60,509
Median Household Income
$37,431
Median Earnings
$947
Median Rent
$236,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial building with a main floor and basement in a high-traffic setting.
Where is this flex space located?
The property is located at 1610 10th Avenue S Great Falls, MT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Flex space classification; Main level plus basement configuration; 35,000–42,000 vehicles daily traffic count
