Retail-Office Space with
415 East Main Street Laurel, MT 59044
415 East Main Street, Laurel, MT, 59044
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For Sale
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Flexible open-concept space with storefront windows, a private office, storage, HVAC, and a private restroom.
Property Size5,605 SF
Lot Size0.27 Acres
Price / SF$115.97
Days on Market15
Property Features for 415 East Main Street
General Information
- Standard status
- Active
- Size
- 5,605 SF
- Lot size
- 0.27 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1948
Listing agency
5 Pillars Realty
Listed by
Shaylee Green, CCIM · License #90045
Source
Crexi
Added: Jul 8 Updated: Jul 22 at 12:34PM Checked: Jul 22 at 12:34PM
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 5 Pillars Realty
Investment Insights
Based on property information with market context.
This property offers approximately 2,518 SF of retail or office space on an 11,700 SF lot. The layout is flexible with an open-concept floor plan, complemented by a private office and a dedicated storage area. Interior features include large storefront windows for natural light, HVAC with air conditioning, ample electrical outlets, a private restroom, and newly cleaned carpet.
The property is zoned CBD (Central Business District), supporting a range of business uses as permitted by the zoning. It is situated at 415 East Main Street in Laurel, Montana.
Overall, the combination of storefront glazing, open layout, and dedicated back-of-house areas makes the space suitable for businesses seeking both customer-facing frontage and practical interior utility.
The property is zoned CBD (Central Business District), supporting a range of business uses as permitted by the zoning. It is situated at 415 East Main Street in Laurel, Montana.
Overall, the combination of storefront glazing, open layout, and dedicated back-of-house areas makes the space suitable for businesses seeking both customer-facing frontage and practical interior utility.
Key Highlights
- 2,518 SF retail or office space with a flexible open‑concept layout
- 11,700 SF lot with CBD (Central Business District) zoning
- Large storefront windows for abundant natural light
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 | $80.7k | $14.40 |
| − Vacancy | −$4.0k | −$0.72 |
| EGI | $76.7k | $13.68 |
| − OpEx | −$23.0k | −$4.10 |
| NOI | $53.7k | $9.58 |
5,605 SF · lease $14.40/SF/yr · vacancy 5.00% · expense 30.00%
Alternative Uses
Best Use
Office B
$918.8K
$804.0K – $1.07M
NOI $64,317 @ 7.0% cap · market cap 9.89%
Second Best
Retail
$766.8K
$670.9K – $894.6K
NOI $53,673 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,232 @ 7.0% cap · market cap 13.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Laurel Outlook
Publishing House
Welcome! Visitors Guide
Publishing House
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FAQs
What type of property is this?
Retail space - Flexible open-concept space with storefront windows, a private office, storage, HVAC, and a private restroom.
Where is this retail space located?
The property is located at 415 East Main Street Laurel, MT.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2,518 SF retail or office space with a flexible open‑concept layout; 11,700 SF lot with CBD (Central Business District) zoning; Large storefront windows for abundant natural light
