1712 3rd Street NW, Great Falls, MT 59404
Mixed-use property with C-2 zoning and high traffic count.
- Added:
- Sep 13, 2024
- Days on Market:
- 662
- Last Refresh:
- May 12 at 9:15 pm
Property Features for 1712 3rd Street NW
General Information
- Standard status
- Active
- Size
- 10,600 SF
- Lot size
- 0.64 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1996
Listing office Russell Country Realty (406) 727-7100
Listing date Sep 13, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Russell Country Realty
HighLights
- Prime location with high traffic count (17,000+)
- General Commercial (C‑2) zoning
- Large lot size: 27,878 sq ft
- Metal clear span building
- Substantial 3rd St NW frontage (approx. 255')
- Two‑story building with 6,300 sq ft Main Level and 3,224 sq ft Upper Level
Overview
Local Financial Insights For Mixed Use
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 | $127.2k | $12.00 |
| − Vacancy | −$12.7k | −$1.20 |
| EGI | $114.5k | $10.80 |
| − OpEx | −$42.9k | −$4.05 |
| NOI | $71.6k | $6.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Great Falls
- County
- Cascade
- State
- Montana
- Longitude
- -111.3068419
- Latitude
- 47.5230798
