Day Care Center Building with Preschool
For Sale
Contact for pricing
502 W Custer Ave, Helena, MT 59602
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 Market460
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) 442-1736
Listed By:
Greg Zeller · License #RRE-BRO-LIC-109309
(406) 439-2939
Source:
Moodyscre
Added: Jul 29, 2025
Changed: Oct 26
Last Checked: Oct 30 at 5:14PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$30,845
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,900
$616.9K
Cap Rate 7%
$440,643
$440.6K
Cap Rate 9%
$342,722
$342.7K
Market Conditions
NOI Build-Up for 2,880 SF
Gross rent
$48.4K $16.80/SF
− Vacancy
−$7.3K −$2.52/SF
EGI
$41.1K $14.28/SF
− OpEx
−$10.3K −$3.57/SF
NOI
$30.8K $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%
$616,900
Cap Rate 7%
$440,643
Cap Rate 9%
$342,722
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.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Well-served
Demand for This Use
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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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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Just Like Home — 2808 Villard Ave, Helena, MT 59601
- 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
- 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
