Two-Story
New
For Sale
Contact for pricing
2915 Broadwater Avenue, Helena, MT 59602
Includes office space, a kitchenette, and garage access on both levels.
Property Size4,000 SF
Price / SF$0.70
Days on Market3
Property Features for 2915 Broadwater Avenue
General Information
Standard status
Active
Size
4,000 SF
Listing Agency:
Century 21 Heritage Realty - Helena
(406) 443-1432
Listed By:
Raylean Garrison · License #RRE-RBS-LIC-122338
(406) 916-2208
Source:
Glacierparkrealty
Added: Oct 23
Last Checked: Oct 24 at 5:37PM
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 Century 21 Heritage Realty - 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.
This two-story warehouse offers approximately 4,000 square feet of space, with two offices, one bathroom, and a kitchenette. Garage doors provide access to both floors, with man doors on the upper and lower levels.
Adjacent fenced storage is available for lease. The property is at 2915 Broadwater Avenue in Helena, next to River Bend Homes.
Adjacent fenced storage is available for lease. The property is at 2915 Broadwater Avenue in Helena, next to River Bend Homes.
Key Highlights
- Approximately 4,000 square feet across two stories
- Two offices, one bathroom, and a kitchenette
- Garage doors provide access to the upper and lower levels
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,436
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,720
$468.7K
Cap Rate 7%
$334,800
$334.8K
Cap Rate 9%
$260,400
$260.4K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$36.0K $9.00/SF
− Vacancy
−$2.5K −$0.63/SF
EGI
$33.5K $8.37/SF
− OpEx
−$10.0K −$2.51/SF
NOI
$23.4K $5.86/SF
Area
Lewis and Clark County, MT
Vacancy
7.00%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,720
Cap Rate 7%
$334,800
Cap Rate 9%
$260,400
Alternative Uses
Best Use
Warehouse
$406.5K
$355.7K – $474.3K
NOI $28,458 @ 7.0% cap · market cap 1,016.36%
Second Best
Industrial
$334.8K
$293.0K – $390.6K
NOI $23,436 @ 7.0% cap · market cap 837.00%
Theoretical Best
Office A
$868.9K
$760.3K – $1.01M
NOI $60,826 @ 7.0% cap · market cap 2,172.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
82
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59602, MT
29,390
Population
12,091
Households
2.4
Avg Household Size
42
Median Age
39%
College-Educated
94%
High-School Grad
524.3 sq mi
ZIP Area
56
Density / Sq Mi
$87,841
Median Household Income
$49,580
Median Earnings
$1,291
Median Rent
$369,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- American Storage West — 905 Park Ln, Helena, MT 59601
- Mini Storage Center — 2520 Euclid Ave #1301, Helena, MT 59601
Frequently Asked Questions
What type of property is this?
Warehouse - Includes office space, a kitchenette, and garage access on both levels.
Where is this warehouse located?
The property is located at 2915 Broadwater Avenue Helena, MT.
What are key features of this property?
This property features: Approximately 4,000 square feet across two stories; Two offices, one bathroom, and a kitchenette; Garage doors provide access to the upper and lower levels
