ADA-Accessible Commercial
For Sale
$319,000
216 E Lyndale Ave, Helena, MT 59601
Main floor offers an open layout with two rooms plus a bathroom, with basement storage and paved rear parking.
Property Size1,992 SF
Price / SF$160.14
Days on Market87
Property Features for 216 E Lyndale Ave
General Information
Standard status
Active
Size
1,992 SF
Amenities
ADA accessibility
paved parking
basement storage
Building Details
Year Built
1890
Listing Agency:
RE/MAX Of Helena
Listed By:
Deb Wong · License #RRE-BRO-LIC12040
(406) 949-4398
Source:
Mtranchsales
Added: Jul 25
Changed: Oct 15
Last Checked: Oct 19 at 11:18AM
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 RE/MAX Of Helena
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 216 E Lyndale Ave in Helena, MT, this one-of-a-kind commercial property is set up for flexible use. The interior features two rooms that can function as office space or retail areas, along with a bathroom on the main floor and an open concept layout. A basement level provides plenty of storage.
The property includes ADA accessibility and paved parking located in the rear of the building, offering convenient on-site parking for occupants and customers.
The property includes ADA accessibility and paved parking located in the rear of the building, offering convenient on-site parking for occupants and customers.
Key Highlights
- Commercial property with a main‑floor open layout featuring two rooms plus a bathroom
- Basement includes plenty of storage
- ADA accessibility
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,969
Cap Rate
8.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,380
$519.4K
Cap Rate 7%
$370,986
$371.0K
Cap Rate 9%
$288,544
$288.5K
Market Conditions
NOI Build-Up for 1,992 SF
Gross rent
$38.2K $19.20/SF
− Vacancy
−$1.1K −$0.58/SF
EGI
$37.1K $18.62/SF
− OpEx
−$11.1K −$5.59/SF
NOI
$26.0K $13.04/SF
Area
Lewis and Clark County, MT
Vacancy
3.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,380
Cap Rate 7%
$370,986
Cap Rate 9%
$288,544
Alternative Uses
Best Use
Retail
$371.0K
$324.6K – $432.8K
NOI $25,969 @ 7.0% cap · market cap 8.14%
Second Best
Office B
$304.8K
$266.7K – $355.6K
NOI $21,334 @ 7.0% cap · market cap 6.69%
Theoretical Best
Office A
$432.7K
$378.6K – $504.9K
NOI $30,291 @ 7.0% cap · market cap 9.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,645
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Main floor offers an open layout with two rooms plus a bathroom, with basement storage and paved rear parking.
Where is this office unit located?
The property is located at 216 E Lyndale Ave Helena, MT.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Commercial property with a main‑floor open layout featuring two rooms plus a bathroom; Basement includes plenty of storage; ADA accessibility
