Office-Retail Building with Rear
216 E Lyndale Avenue Helena Helena, MT 59601
216 E Lyndale Avenue Helena, Helena, MT, 59601
$335,000
For Sale
$335,000
Two-room main level with open concept plan, ADA accessibility, and paved rear parking, plus basement storage.
Property Size1,992 SF
Price / SF$168.17
Days on Market22
Property Features for 216 E Lyndale Avenue Helena
General Information
- Standard status
- Active
- Size
- 1,992 SF
Building Details
- Year Built
- 1890
Listing Agency
(406) 415-8680
Listed by
Maci Welch
(406) 415-8680
Source
Glacier-country-kalispell-mt.remax
Added: Jun 30 Updated: Jul 20 at 4:24 pm Checked: Jul 20 at 4:24 pm
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 Maci Welch
Investment Insights
Based on property information with market context.
This commercial property for sale features an open concept main floor with two rooms suited for offices or retail use, along with a bathroom on the main level. The basement provides additional storage space, supporting flexible day-to-day operations.
The building includes ADA accessibility and has paved parking located to the rear of the structure. The property is located at 216 E Lyndale Avenue in Helena, Montana, offering a straightforward setup for an owner-operator or a tenant looking to customize the interior layout.
The building includes ADA accessibility and has paved parking located to the rear of the structure. The property is located at 216 E Lyndale Avenue in Helena, Montana, offering a straightforward setup for an owner-operator or a tenant looking to customize the interior layout.
Key Highlights
- Commercial property built in 1890 with 1,992 total building area
- Two‑room main level with an open concept floor plan
- ADA accessibility plus a main‑floor bathroom
Local 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 | $38.2k | $19.20 |
| − Vacancy | −$1.1k | −$0.58 |
| EGI | $37.1k | $18.62 |
| − OpEx | −$11.1k | −$5.59 |
| NOI | $26.0k | $13.04 |
1,992 SF · lease $19.20/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$371.0K
$324.6K – $432.8K
NOI $25,969 @ 7.0% cap · market cap 7.75%
Second Best
Office B
$304.8K
$266.7K – $355.6K
NOI $21,334 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$432.7K
$378.6K – $504.9K
NOI $30,291 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
56 Counties - Made ...
(Bike/Boat/Book/etc) Store
Refused Vintage
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two-room main level with open concept plan, ADA accessibility, and paved rear parking, plus basement storage.
Where is this office units located?
The property is located at 216 E Lyndale Avenue Helena Helena, MT.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Commercial property built in 1890 with 1,992 total building area; Two‑room main level with an open concept floor plan; ADA accessibility plus a main‑floor bathroom
