Freestanding Office
819 Central Avenue Great Falls, MT 59401
819 Central Avenue, Great Falls, MT, 59401
$550,000
For Sale
$550,000
Single-floor office building with largely free-span layout, multiple private offices, conference room, and four dedicated parking spaces.
Property Size6,237 SF
Price / SF$88.18
Days on Market18
Property Features for 819 Central Avenue
General Information
- Standard status
- Active
- Size
- 6,237 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1958
Listing agency
Dustin Young and Company
(406) 868-0736
Listed by
Dustin J Young · License #RRE-RBS-LIC-12951
Source
Clearwaterproperties
Added: Jul 4 Updated: Jul 21 at 2:45AM Checked: Jul 21 at 4:29AM
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 Dustin Young and Company
Investment Insights
Based on property information with market context.
This turn-key, single-tenant office building offers a single-floor layout with mostly free-span space, providing flexibility for future interior configurations. The space currently includes five to six offices, a large conference room, a storage room, men’s and women’s restrooms, and a substantial open area that fills the remainder of the building.
The property offers visibility along high-traffic areas of 9th St and Central Avenue, and the block does not have parking meters, supporting convenient parking options in front of the location. Four dedicated parking spaces are also included at the rear of the building.
Zoned C4 by the City of Great Falls, the building may support a range of professional uses consistent with the zoning designation.
The property offers visibility along high-traffic areas of 9th St and Central Avenue, and the block does not have parking meters, supporting convenient parking options in front of the location. Four dedicated parking spaces are also included at the rear of the building.
Zoned C4 by the City of Great Falls, the building may support a range of professional uses consistent with the zoning designation.
Key Highlights
- Single‑floor commercial/office building built in 1958 with approximately 6,200+ SF of space
- Mostly free‑span interior layout with 5–6 private offices, a large conference room, storage, and large open area
- City of Great Falls zoning: C4, allowing for many different professional uses
Local 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 | $86.1k | $13.80 |
| − Vacancy | −$18.9k | −$3.04 |
| EGI | $67.1k | $10.76 |
| − OpEx | −$16.8k | −$2.69 |
| NOI | $50.4k | $8.07 |
6,237 SF · lease $13.80/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$719.3K
$629.4K – $839.2K
NOI $50,351 @ 7.0% cap · market cap 9.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.21M
$1.06M – $1.42M
NOI $84,965 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fisher's Technology
Tech Support Center
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Single-floor office building with largely free-span layout, multiple private offices, conference room, and four dedicated parking spaces.
Where is this office building located?
The property is located at 819 Central Avenue Great Falls, MT.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Single‑floor commercial/office building built in 1958 with approximately 6,200+ SF of space; Mostly free‑span interior layout with 5–6 private offices, a large conference room, storage, and large open area; City of Great Falls zoning: C4, allowing for many different professional uses
