Central Business District
For Sale
Contact for pricing
637 Helena Ave, Helena, MT 59601
Storefront property in the central business district, just outside the Helena BID, with flexible retail or office remodel potential.
Property Size1,839 SF
Price / SF$190.32
Days on Market401
Property Features for 637 Helena Ave
General Information
Standard status
Active
Size
1,839 SF
Property subtype
RETAIL
Listing Agency:
Coldwell Banker Commercial | Green & Green
(406) 439-2939
Listed By:
Greg Zeller · License #109309
Source:
Moodyscre
Added: Jun 26, 2025
Changed: Jul 25
Last Checked: Jul 30 at 11:56AM
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 storefront property at 637 Helena Ave offers a visible, accessible setup in a central business district setting, just outside of the Helena BID. At 1,839 square feet, the space is positioned for a range of uses, including retail, a retail/service business, or a studio, with the option to remodel into office space.
The property’s placement within the central business district is designed to support walk-in and customer-facing activity, and its accessible configuration can accommodate a variety of tenant improvements based on the operating concept.
For sale, this is a straightforward option for an owner-operator or business considering a dedicated space in the Helena market.
The property’s placement within the central business district is designed to support walk-in and customer-facing activity, and its accessible configuration can accommodate a variety of tenant improvements based on the operating concept.
For sale, this is a straightforward option for an owner-operator or business considering a dedicated space in the Helena market.
Key Highlights
- Storefront property in Helena’s central business district, just outside the Helena BID
- Visible and accessible location for retail store, retail/service business, or studio use
- Flexible layout with remodel potential to convert into office space
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 | $35.3k | $19.20 |
| − Vacancy | −$1.1k | −$0.58 |
| EGI | $34.2k | $18.62 |
| − OpEx | −$10.3k | −$5.59 |
| NOI | $24.0k | $13.04 |
1,839 SF · lease $19.20/SF/yr · vacancy 3.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$342.5K
$299.7K – $399.6K
NOI $23,975 @ 7.0% cap · market cap 6.85%
Second Best
Office B
$281.4K
$246.2K – $328.3K
NOI $19,696 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$399.5K
$349.6K – $466.1K
NOI $27,965 @ 7.0% cap · market cap 7.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Dolce Floral & Events — Helena, MT 59601
- Forget Me Not Flowers - Formerly Balloon Boutique — 400 euclid ave # 7, helena, mt 59601
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront property in the central business district, just outside the Helena BID, with flexible retail or office remodel potential.
Where is this storefront property located?
The property is located at 637 Helena Ave Helena, MT.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Storefront property in Helena’s central business district, just outside the Helena BID; Visible and accessible location for retail store, retail/service business, or studio use; Flexible layout with remodel potential to convert into office space
