Day Care Center Building with Preschool
502 W Custer Ave Helena, MT 59602
For Sale
Contact for pricing
Well-maintained day care building currently operating as a preschool with a flexible layout and four private offices.
Property Size2,880 SF
Price / SF$204.51
Days on Market367
Property Features for 502 W Custer Ave
General Information
Standard status
Active
Size
2,880 SF
Property subtype
RETAIL
Listing Agency:
Coldwell Banker Commercial | Green & Green
(406) 439-2939
Listed By:
Greg Zeller · License #109309
Source:
Moodyscre
Added: Jul 29, 2025
Changed: Jul 30
Last Checked: Jul 30 at 6:35AM
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 Coldwell Banker Commercial | Green & Green
Investment Insights
Based on property information with market context.
This professional, well-maintained day care center is currently used as a preschool, and it includes a flexible floor plan with four private offices. The building is described as having once been a private residence, and it offers a practical setup for an on-site program while supporting multiple interior uses.
The property sits along a high-traffic street near a traffic light, helping provide convenient in-and-out access. It is positioned near retail shops, restaurants, schools, and Bill Roberts Golf Course, and it is about 2 miles from Downtown Helena.
Outside, the yard has an underground sprinkler system, supporting ongoing curb appeal. The property is also described as having plenty of parking. Total building size is 2,880 square feet.
The property sits along a high-traffic street near a traffic light, helping provide convenient in-and-out access. It is positioned near retail shops, restaurants, schools, and Bill Roberts Golf Course, and it is about 2 miles from Downtown Helena.
Outside, the yard has an underground sprinkler system, supporting ongoing curb appeal. The property is also described as having plenty of parking. Total building size is 2,880 square feet.
Key Highlights
- Currently operating as a preschool with a flexible floor plan
- Includes four private offices
- Along a high‑traffic street near a traffic light for convenient access
Financial Insights For Office B
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 | $48.4k | $16.80 |
| − Vacancy | −$7.3k | −$2.52 |
| EGI | $41.1k | $14.28 |
| − OpEx | −$10.3k | −$3.57 |
| NOI | $30.8k | $10.71 |
2,880 SF · lease $16.80/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$440.6K
$385.6K – $514.1K
NOI $30,845 @ 7.0% cap · market cap 5.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$625.6K
$547.4K – $729.9K
NOI $43,794 @ 7.0% cap · market cap 7.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- The Wiggle Room — 502 W Custer Ave, Helena, MT 59602
- The Wonder Years Daycare & Preschool LLC — 3108 McHugh Ln, Helena, MT 59601
- Angel Academy Daycare — 3108 McHugh Ln, Helena, MT 59602
- Just Like Home — 2808 Villard Ave, Helena, MT 59601
- Haven Daycare & Preschool — 3108 McHugh Dr, Helena, MT 59602
Frequently Asked Questions
What type of property is this?
Day care center - Well-maintained day care building currently operating as a preschool with a flexible layout and four private offices.
Where is this day care center located?
The property is located at 502 W Custer Ave Helena, MT.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Currently operating as a preschool with a flexible floor plan; Includes four private offices; Along a high‑traffic street near a traffic light for convenient access
