Mixed-Use Building with Open-Span
For Sale
Under Contract
$860,000
307 Nucleus Avenue, Columbia Falls, MT 59912
CommercialSale, Columbia Falls, MT
Property Size7,624 SF
Lot Size0.50 Acres
Price / SF$112.80
Days on Market247
Property Features for 307 Nucleus Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Zoning description
CB-4
Parking features
Alley, On Street
Exterior features
Awnings
Directions
Take HWY 2 East towards/through Columbia Falls, MT and drive North on Nucleus Ave until you reach 307 Nucleus Ave
Standard status
Active Under Contract
APN
07418608435060000
Size
7,624 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Geo Code: 07-4186-08-4-35-06-0000 Instru#: 201800024291 Date: 2018-10-01 Property address: 307 NUCLEUS AVE, COLUMBIA FALLS MT 59912 Subdivision: (CFT) COLUMBIA FALLS Lot: 2 Block: 20 TRS: T30 N, R20 W, Sec. 08 Legal: COLUMBIA FALLS, S08, T30 N, R20 W, BLOCK 20, Lot 2 - 8 Acres: 0.50
Tax Annual Amount
6164
Legal Description
Geo Code: 07-4186-08-4-35-06-0000 Instru#: 201800024291 Date: 2018-10-01 Property address: 307 NUCLEUS AVE, COLUMBIA FALLS MT 59912 Subdivision: (CFT) COLUMBIA FALLS Lot: 2 Block: 20 TRS: T30 N, R20 W, Sec. 08 Legal: COLUMBIA FALLS, S08, T30 N, R20 W, BLOCK 20, Lot 2 - 8 Acres: 0.50
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Year built
1961
Roof type
Metal
Listing Agency:
PureWest Real Estate Lakeside
(406) 844-6050
Listed By:
Kevin Winkel · License #RRE-RBS-LIC-127975
(406) 890-4157
Added: Feb 26
Changed: Oct 31
Last Checked: Oct 31 at 4:06PM
MLS# 30065520
Copyright © 2026 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Positioned on Nucleus Avenue in Columbia Falls, this 7,624-square-foot commercial building offers an open-span interior and high ceilings. Built in 1961, it has awnings, a metal roof, forced-air natural gas heat, and central air conditioning. Public water and sewer serve the property, with alley and on-street parking available.
The property occupies a 0.502-acre site in a commercial setting. Its zoning allows building heights up to 60 feet, and the top floor can provide views of Glacier National Park. The location is in historic Columbia Falls and is surrounded by established businesses and residential growth.
The property occupies a 0.502-acre site in a commercial setting. Its zoning allows building heights up to 60 feet, and the top floor can provide views of Glacier National Park. The location is in historic Columbia Falls and is surrounded by established businesses and residential growth.
Key Highlights
- 7,624‑square‑foot building on a 0.502‑acre site
- Open‑span interior with high ceilings
- Commercial zoning permits building heights up to 60 feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,749
Cap Rate
6.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,980
$1.1M
Cap Rate 7%
$767,843
$767.8K
Cap Rate 9%
$597,211
$597.2K
Market Conditions
NOI Build-Up for 7,624 SF
Gross rent
$91.5K $12.00/SF
− Vacancy
−$5.5K −$0.72/SF
EGI
$86.0K $11.28/SF
− OpEx
−$32.2K −$4.23/SF
NOI
$53.7K $7.05/SF
Area
Flathead County, MT
Vacancy
6.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,074,980
Cap Rate 7%
$767,843
Cap Rate 9%
$597,211
Alternative Uses
Best Use
Retail
$1.54M
$1.35M – $1.80M
NOI $108,150 @ 7.0% cap · market cap 12.58%
Second Best
Mixed Use
$767.8K
$671.9K – $895.8K
NOI $53,749 @ 7.0% cap · market cap 6.25%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,154 @ 7.0% cap · market cap 13.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
431
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Smith's
Groceries
17,132 visits/mo
0.1 miles
Demographics for 59912, MT
15,395
Population
6,831
Households
2.3
Avg Household Size
43
Median Age
31%
College-Educated
93%
High-School Grad
188.9 sq mi
ZIP Area
81
Density / Sq Mi
$73,515
Median Household Income
$38,529
Median Earnings
$1,052
Median Rent
$438,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial zoning and flexible interior space support a range of potential business configurations.
Where is this mixed-use property located?
The property is located at 307 Nucleus Avenue Columbia Falls, MT.
What is the asking price?
The asking price for this property is $860,000.
What are key features of this property?
This property features: 7,624‑square‑foot building on a 0.502‑acre site; Open‑span interior with high ceilings; Commercial zoning permits building heights up to 60 feet
