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    618 Main St Lewistown, MT 59457

    Sponsored
    For Sale
    $555,000

    Mixed-use, income-producing property.

    Property size:
    8,384 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use commercial building, located at 618 W Main St in Lewistown, Montana, presents a compelling investment opportunity. The 8,384 square foot property, situated on a 14,850 square foot lot, is currently fully leased and offers a blend of retail and office space. Originally built in 1916, the two-story building has undergone significant renovations, including recent ADA compliance upgrades such as two handicap-accessible bathrooms (one per floor) and a new electric elevator. The main floor (4,192 sq ft) houses a thriving coffee shop with a long-term lease and an additional retail space. The second floor provides serene and private office areas currently occupied by various businesses. Recent improvements include new roof-mounted A/C units and a new alley fire escape, ensuring compliance with current building codes. Ample parking is provided by a paved 90' x 100' off-street lot included in the sale. The asking price is $555,000, representing a price per square foot of $66.20. Financial details are available upon request to qualified buyers. This prime location on Lewistown's bustling Main Street offers a rare chance to acquire a stable, income-generating asset in a thriving Montana community. The property is a single building, and the investment type is owner/user.

    Property Features for 618 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    8,384 SF

    Building Details

    Buildings
    1

    HighLights

    • $555,000 asking price for this mixed‑use property.
    • 8,384 square feet total, with a price per square foot of $66.20.
    • Located at 618 W Main St, Lewistown, MT 59457, on a 14,850 square foot lot.
    • Fully leased, generating income, with a mix of retail and office tenants.
    • Recently updated with ADA compliance upgrades, including two handicap‑accessible bathrooms and an elevator.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lewistown
    County
    Fergus
    State
    Montana
    Longitude
    -109.4299578
    Latitude
    47.0631653

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    FAQs

    What type of property is this?
    Retail property - Mixed-use, income-producing property.
    Where is this retail property located?
    The property is located at 618 Main St Lewistown, MT.
    What is the asking price?
    The asking price for this property is $555,000.
    What are key features of this property?
    This property features: $555,000 asking price for this mixed-use property.; 8,384 square feet total, with a price per square foot of $66.20.; Located at 618 W Main St, Lewistown, MT 59457, on a 14,850 square foot lot.
    Request Owner's contact information
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    Lewistown, MT 59457
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    618 Main St Lewistown, MT 59457
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