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Remodeled Mixed-Use Property
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229 & 231 W Main Street, Thompson Falls, MT 59873

Live-work setup pairs a remodeled residence with a distinct commercial storefront and unfinished basement.

Property Size3,438 SF
Days on Market141

Property Features for 229 & 231 W Main Street

General Information

Standard status Active
Size 3,438 SF
Property subtype Retail, Mixed Use, Land

Site & Location

Traffic Count 4,648 vehicles/day
Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Land Use residential, commercial

Amenities

deck
basement
security system
Listing Agency: Ideal Real Estate
Listed By: Tracey Hall · License #RRE-RBS-LIC-99415
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 5:22PM

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 Ideal Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property combines a remodeled residence with a separate retail storefront and a full, unfinished basement. The 3,438 sq ft property includes 3 bedrooms with walk-in closets, 3 baths, and an oversized cedar deck oriented toward the Clark Fork River. The residence and storefront carry separate street numbers and electrical meters, supporting distinct residential and commercial functions.

Positioned on MT Hwy 200 in Thompson Falls, the property records an Annual Average Traffic Count of 4,648 per day. The storefront is currently occupied by a month-to-month dispensary tenant; the operating business is excluded from the sale, while a future lease may be possible if agreed by the parties. Recent improvements include new plumbing, heating, cooling, electrical service, insulation, windows, siding, and a security system. Nearby water access, parks, and trails add to the surrounding setting.

Key Highlights

  • 3,438 sq ft mixed‑use property with separate residence and retail storefront
  • 3 bedrooms with walk‑in closets and 3 baths
  • Full, unfinished basement provides additional interior space

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Building Supply Auto Repair Shop Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4,648 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

199
Businesses Nearby

Demographics for 59873, MT

3,416
Population
1,776
Households
1.9
Avg Household Size
57
Median Age
24%
College-Educated
93%
High-School Grad
769.4 sq mi
ZIP Area
4
Density / Sq Mi
$54,176
Median Household Income
$31,765
Median Earnings
$575
Median Rent
$244,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Live-work setup pairs a remodeled residence with a distinct commercial storefront and unfinished basement.
Where is this mixed-use property located?
The property is located at 229 & 231 W Main Street Thompson Falls, MT.
What are key features of this property?
This property features: 3,438 sq ft mixed‑use property with separate residence and retail storefront; 3 bedrooms with walk‑in closets and 3 baths; Full, unfinished basement provides additional interior space
(406) 407-4857 Call to check price and availability
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