Office Suite with Private
New
For Sale
$825,000
203-825 Great Northern Blvd, Helena, MT 59601
A conference room and kitchenette complement the private-office layout.
Property Size3,238 SF
Price / SF$254.79
Days on Market4
Property Features for 203-825 Great Northern Blvd
General Information
Standard status
Active
Size
3,238 SF
Additional Details
Office Units
1
Taxes and HOA fees
Annual Taxes
$8,167
Amenities
kitchenette
conference room
Listing Agency:
Keller Williams Capital Realty
(406) 449-2181
Listed By:
Kathy Brown · License #RRE-RBS-LIC-70986
(406) 459-8045
Source:
Exprealty
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 15 at 2:33AM
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 Keller Williams Capital Realty
Investment Insights
Based on property information with market context.
Unit 203 in the Expedition Block contains approximately 3,238 square feet of office space, configured with seven private offices, a conference room, and a kitchenette. The suite is part of a mixed-use commercial setting with a professional character.
Great Northern Town Center provides access to downtown Helena, with businesses, restaurants, and downtown amenities nearby. The office configuration includes dedicated spaces for individual work and meetings.
Great Northern Town Center provides access to downtown Helena, with businesses, restaurants, and downtown amenities nearby. The office configuration includes dedicated spaces for individual work and meetings.
Key Highlights
- Approximately 3,238 square feet of office space
- Seven private offices
- Conference room and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,679
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,580
$693.6K
Cap Rate 7%
$495,414
$495.4K
Cap Rate 9%
$385,322
$385.3K
Market Conditions
NOI Build-Up for 3,238 SF
Gross rent
$54.4K $16.80/SF
− Vacancy
−$8.2K −$2.52/SF
EGI
$46.2K $14.28/SF
− OpEx
−$11.6K −$3.57/SF
NOI
$34.7K $10.71/SF
Area
Lewis and Clark County, MT
Vacancy
15.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$693,580
Cap Rate 7%
$495,414
Cap Rate 9%
$385,322
Alternative Uses
Best Use
Office B
$495.4K
$433.5K – $578.0K
NOI $34,679 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$703.4K
$615.5K – $820.6K
NOI $49,238 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,862
Businesses Nearby
Explore this area
Business Placement
Demographics for 59601, MT
30,848
Population
15,937
Households
1.9
Avg Household Size
41
Median Age
51%
College-Educated
96%
High-School Grad
130.2 sq mi
ZIP Area
237
Density / Sq Mi
$70,502
Median Household Income
$44,000
Median Earnings
$1,023
Median Rent
$355,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - A conference room and kitchenette complement the private-office layout.
Where is this office units located?
The property is located at 203-825 Great Northern Blvd Helena, MT.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Approximately 3,238 square feet of office space; Seven private offices; Conference room and kitchenette
