This exceptional mixed-use commercial property, located at 420 S Main Street in Three Forks, Montana, presents a rare investment opportunity. The property boasts a substantial 4,700+ square feet of heated shop space, ideal for a variety of uses. The shop features office space, a well-ventilated and brightly lit paint room, oversized overhead doors, and three-phase electrical service. Adding to its versatility, a comfortable three-bedroom, one-bathroom apartment is situated on the property, providing immediate rental income potential or live-work capabilities. The shop also includes a wood stove and natural gas heater, concrete floors, and a secure, unheated dry storage area. The building exterior has been recently updated, enhancing curb appeal. The property sits on six city lots, totaling 21,000 square feet. Four of these lots offer ample parking, additional storage space, or potential for future development. This property's diverse functionality makes it suitable for a wide range of businesses, including live/work arrangements, rental income generation, manufacturing, light industrial operations, storage, or future expansion. Built in 1946, this property is priced at $700,000 and offers endless possibilities for the discerning investor. The property's prime location on South Main Street in Three Forks, Montana, zip code 59752, ensures high visibility and accessibility.
Property Features for 420 Main St
General Information
Property type
Mixed-use properties
Building Details
Year Built
1946
HighLights
$700,000 asking price.
Mixed‑use property built in 1946.
21,000 square foot lot.
4,700+ square feet of heated shop space with office, paint room, oversized overhead doors, and 3‑phase electrical.
Includes a 3‑bedroom, 1‑bathroom apartment.
Four additional vacant lots for parking, storage, or future development.
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420 Main St Three Forks, MT 59752
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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.
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420 Main St Three Forks, MT 59752
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420 Main St, Three Forks, MT
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Traci Gilbertson
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