Corner Auto Shop with Service
New
For Sale
Contact for pricing
600 EUCLID AVE, Helena, MT 59601
Established automotive operation with reception, storage, seller-provided equipment, and access from two avenues.
Property Size5,026 SF
Price / SF$238.56
Days on Market7
Property Features for 600 EUCLID AVE
General Information
Standard status
Active
Size
5,026 SF
Property subtype
Retail
Zoning
B-2
Occupancy
100%
Site & Location
Traffic Count
19,002 vehicles/day
Road Access
Yes
Additional Details
Business Included
Yes
Service Bays
2
Building Details
Year Built
1952
Buildings
1
Stories
1
Units
1
Tenancy
Single
Abandoned
No
Listing Agency:
Coldwell Banker Commercial Green & Green
(406) 442-1736
Listed By:
Tyler Warne, CCIM · License #RRE-BRO-LIC-98724
Source:
Crexi
Added: Aug 14
Changed: Aug 18
Last Checked: Aug 20 at 8:13AM
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.
The offering combines the automotive business, real estate, and equipment at a 5,026-square-foot facility constructed in 1952. The building includes two service bays designed for four vehicles, each with lifts, along with a customer reception and waiting area and dedicated storage space. The sale also includes FF&E, the customer list, and seller training.
Positioned on a corner lot at 600 Euclid Avenue, the property is accessible from both Euclid Avenue and Harrison Avenue and has visibility to 19,002 vehicles per day. B-2 zoning supports the existing automotive service use. The operation is staffed by two employees and an owner-operator, with current hours running Monday through Thursday from 7:30 a.m. to 5:00 p.m.
Positioned on a corner lot at 600 Euclid Avenue, the property is accessible from both Euclid Avenue and Harrison Avenue and has visibility to 19,002 vehicles per day. B-2 zoning supports the existing automotive service use. The operation is staffed by two employees and an owner-operator, with current hours running Monday through Thursday from 7:30 a.m. to 5:00 p.m.
Key Highlights
- 5,026‑square‑foot automotive facility built in 1952
- Two service bays with lifts and 4‑vehicle capacity
- Corner‑lot access from both Euclid Avenue and Harrison Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$65,523
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,310,460
$1.3M
Cap Rate 7%
$936,043
$936.0K
Cap Rate 9%
$728,033
$728.0K
Market Conditions
NOI Build-Up for 5,026 SF
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.
Gross rent
$96.5K $19.20/SF
− Vacancy
−$2.9K −$0.58/SF
EGI
$93.6K $18.62/SF
− OpEx
−$28.1K −$5.59/SF
NOI
$65.5K $13.04/SF
Area
Lewis and Clark County, MT
Vacancy
3.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,310,460
Cap Rate 7%
$936,043
Cap Rate 9%
$728,033
Alternative Uses
Best Use
Retail
$936.0K
$819.0K – $1.09M
NOI $65,523 @ 7.0% cap · market cap 5.46%
Second Best
Industrial
$420.7K
$368.1K – $490.8K
NOI $29,447 @ 7.0% cap · market cap 2.46%
Theoretical Best
Office A
$1.09M
$955.3K – $1.27M
NOI $76,427 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Service bays
19,002 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
887
Businesses Nearby
61k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Leisure 38%
Shops & Services 35%
Dining 20%
Hotels & Casinos 7%
Cinemark Helena and XD
Leisure
22,856 visits/mo
0.4 miles
Holiday Station Store
Shops & Services
9,997 visits/mo
0.1 miles
Exxon
Shops & Services
7,256 visits/mo
0.4 miles
Hardee's
Dining
6,419 visits/mo
0.1 miles
Burger King
Dining
6,019 visits/mo
0.5 miles
Demographics for 59601, MT
30,848
Population
15,937
Households
1.9
Avg Household Size
41
Median Age
51%
College-Educated
96%
High-School Grad
130.2 sq mi
ZIP Area
237
Density / Sq Mi
$70,502
Median Household Income
$44,000
Median Earnings
$1,023
Median Rent
$355,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive operation with reception, storage, seller-provided equipment, and access from two avenues.
Where is this auto shop located?
The property is located at 600 EUCLID AVE Helena, MT.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: 5,026‑square‑foot automotive facility built in 1952; Two service bays with lifts and 4‑vehicle capacity; Corner‑lot access from both Euclid Avenue and Harrison Avenue
