Restaurant Building with Commercial
For Sale
$559,000
632 Euclid Ave, Helena, MT 59601
B-2 property with restaurant infrastructure, dedicated parking, and alley access along Euclid Avenue.
Property Size1,380 SF
Lot Size0.26 Acres
Price / SF$405.07
Days on Market73
Property Features for 632 Euclid Ave
General Information
Standard status
Active
Size
1,380 SF
Total Parking Spaces
22
Lot size
0.26 Acres
Property subtype
Commercial
Zoning
B-2
Site & Location
Traffic Count
16,000 vehicles/day
Road Access
Yes
Additional Details
Asking Price
$559,000
Amenities
commercial kitchen infrastructure
rear alley access
Building Details
Year Built
1930
Buildings
1
Listing Agency:
RE/MAX Of Helena
Listed By:
Joseph M Mueller · License #9223
Source:
Westmontanahomes
Added: Aug 4
Changed: Oct 1
Last Checked: Oct 14 at 11:06PM
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 RE/MAX Of Helena
Investment Insights
Based on property information with market context.
Built in 1930, this 1,380-square-foot restaurant property occupies an 11,500-square-foot dedicated lot on Euclid Avenue in Helena. The building retains commercial kitchen infrastructure from its prior restaurant operation, while B-2 General Commercial zoning supports restaurant, retail, office, and service-oriented uses.
The property receives exposure to more than 16,000 vehicles daily based on Montana DOT traffic data. On-site parking includes 22 spaces, and rear alley access provides a separate route for deliveries, trash service, and staff parking. Its existing improvements and commercial setting support continued food-service use or adaptation to another permitted business format.
The property receives exposure to more than 16,000 vehicles daily based on Montana DOT traffic data. On-site parking includes 22 spaces, and rear alley access provides a separate route for deliveries, trash service, and staff parking. Its existing improvements and commercial setting support continued food-service use or adaptation to another permitted business format.
Key Highlights
- 1,380 SF building on an 11,500 SF lot
- Commercial kitchen infrastructure remains from prior restaurant use
- B‑2 (General Commercial) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,071
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,420
$361.4K
Cap Rate 7%
$258,157
$258.2K
Cap Rate 9%
$200,789
$200.8K
Market Conditions
NOI Build-Up for 1,380 SF
Gross rent
$24.8K $18.00/SF
− Vacancy
−$745 −$0.54/SF
EGI
$24.1K $17.46/SF
− OpEx
−$6.0K −$4.37/SF
NOI
$18.1K $13.10/SF
Area
Lewis and Clark County, MT
Vacancy
3.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,420
Cap Rate 7%
$258,157
Cap Rate 9%
$200,789
Alternative Uses
Best Use
Specialty Retail
$258.2K
$225.9K – $301.2K
NOI $18,071 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$299.8K
$262.3K – $349.8K
NOI $20,985 @ 7.0% cap · market cap 3.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
16,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
46k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Dining 27%
Holiday Station Store
Shops & Services
9,997 visits/mo
0.2 miles
Conoco
Shops & Services
7,371 visits/mo
0.5 miles
Exxon
Shops & Services
7,256 visits/mo
0.3 miles
Hardee's
Dining
6,419 visits/mo
0.3 miles
Burger King
Dining
6,019 visits/mo
0.3 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - B-2 property with restaurant infrastructure, dedicated parking, and alley access along Euclid Avenue.
Where is this conventional restaurant located?
The property is located at 632 Euclid Ave Helena, MT.
What is the asking price?
The asking price for this property is $559,000.
What are key features of this property?
This property features: 1,380 SF building on an 11,500 SF lot; Commercial kitchen infrastructure remains from prior restaurant use; B‑2 (General Commercial) zoning
