Commercial Office
For Sale
$815,000
3345 Colton Drive A, Helena, MT 59602
Office condominium with multiple naturally lit offices, reception space, two kitchen areas, and dedicated storage.
Property Size3,800 SF
Price / SF$214.47
Days on Market51
Property Features for 3345 Colton Drive A
General Information
Standard status
Active
Size
3,800 SF
Building Details
Year Built
2015
Listing Agency:
Impact Real Estate Montana
Listed By:
Jennifer Williams
(406) 465-8728
Source:
Mtranchsales
Added: Aug 16
Changed: Sep 25
Last Checked: Oct 4 at 2:36PM
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 Impact Real Estate Montana
Investment Insights
Based on property information with market context.
This commercial office condominium at Cottonwood Business Park was built in 2015 and offers a business-ready configuration with multiple private offices, reception and waiting areas, two kitchen areas, and substantial storage. The suite also includes one half bath and one full bath, with natural light reaching each office.
Located at 3345 Colton Drive, Unit A, in Helena, Montana, the property provides a defined setting for an owner-occupant or business user seeking dedicated office space. High-end finishes are incorporated throughout the interior, complementing the practical layout and range of support areas.
Located at 3345 Colton Drive, Unit A, in Helena, Montana, the property provides a defined setting for an owner-occupant or business user seeking dedicated office space. High-end finishes are incorporated throughout the interior, complementing the practical layout and range of support areas.
Key Highlights
- Commercial office condominium at Cottonwood Business Park
- Built in 2015
- Multiple offices with natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,698
Cap Rate
4.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,960
$814.0K
Cap Rate 7%
$581,400
$581.4K
Cap Rate 9%
$452,200
$452.2K
Market Conditions
NOI Build-Up for 3,800 SF
Gross rent
$63.8K $16.80/SF
− Vacancy
−$9.6K −$2.52/SF
EGI
$54.3K $14.28/SF
− OpEx
−$13.6K −$3.57/SF
NOI
$40.7K $10.71/SF
Area
Lewis and Clark County, MT
Vacancy
15.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$813,960
Cap Rate 7%
$581,400
Cap Rate 9%
$452,200
Alternative Uses
Best Use
Office B
$581.4K
$508.7K – $678.3K
NOI $40,698 @ 7.0% cap · market cap 4.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$825.5K
$722.3K – $963.1K
NOI $57,784 @ 7.0% cap · market cap 7.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Office condominium with multiple naturally lit offices, reception space, two kitchen areas, and dedicated storage.
Where is this office units located?
The property is located at 3345 Colton Drive A Helena, MT.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Commercial office condominium at Cottonwood Business Park; Built in 2015; Multiple offices with natural light
