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    517 Main St Deer Lodge, MT 59722

    Sponsored
    For Sale
    $199,900

    Historic Main Street retail investment. High occupancy, strong rental income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use property at 517 Main Street, Deer Lodge, Montana, presents a compelling investment opportunity. Built in 1920, this storefront boasts a 0.18-acre lot and is currently 100% occupied by three thriving businesses, generating immediate rental income. The property's prime location in the heart of historic downtown Deer Lodge offers high visibility and foot traffic. The building's versatile nature, suitable for retail and other commercial uses, provides flexibility for future growth. Convenient rear garage space provides valuable storage, while on-street parking is readily available for tenants and customers. The asking price is $199,900. This is a rare chance to acquire a piece of Deer Lodge's vibrant commercial landscape, offering both immediate returns and long-term potential. The property's strong tenant occupancy ensures a stable income stream, making it an attractive investment for discerning buyers seeking a proven, income-producing asset in a desirable Montana location. The zip code is 59722.

    Property Features for 517 Main St

    General Information

    Property type
    Individual retail properties
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    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
    Deer Lodge
    County
    Powell
    State
    Montana
    Longitude
    -112.7350202
    Latitude
    46.3970757

    Nearby Comparable

    • $340,000

      Deer Lodge Storefront - Main Street

      Historic Downtown Storefront, High Traffic Area
      419 Main St, Deer Lodge, MT 59722
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    • $495,000

      Historic Deer Lodge Retail Building

      Prime location, income-producing, 9,133 sq ft lot
      407 Main St, Deer Lodge, MT 59722
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    • $495,000
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      Historic Building in Business District

      1890 brick building in historic district with rental income.
      407 Main St, Deer Lodge, MT 59722
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      Mixed-Use Property in Deer Lodge

      Commercial and residential units in Deer Lodge, Montana.
      400 Missouri Ave, Deer Lodge, MT 59722
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    • $400,000

      Deer Lodge Mixed-Use Investment

      Prime Montana commercial property; high return potential.
      220 Rainbow Ave, Deer Lodge, MT 59722
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    • $300,000

      Deer Lodge Mixed-Use Investment

      High-yield self-storage & mixed-use.
      208 Rainbow Ave, Deer Lodge, MT 59722
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    • $49,000
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      Deer Lodge Residential Land - $49K

      Prime 0.15-acre corner lot, Deer Lodge, MT.
      813 College St, Deer Lodge, MT 59722
      View Details

    Nearby Similar for Sale

    • $400,000
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      Mixed-Use Property in Deer Lodge

      Commercial and residential units in Deer Lodge, Montana.
      400 Missouri Ave, Deer Lodge, MT 59722
      View Details
    • $495,000
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      Historic Building in Business District

      1890 brick building in historic district with rental income.
      407 Main St, Deer Lodge, MT 59722
      View Details
    • $57,000
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      Residential Land in Deer Lodge

      Residential land for sale in Deer Lodge, Montana.
      4 Block 7, Deer Lodge, MT 59722
      View Details
    • $57,000
      0.18 Acres

      Residential Land in Deer Lodge, MT

      Residential land for sale in Deer Lodge, Montana.
      1 Block 7, Deer Lodge, MT 59722
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    • $495,000
      2.00 Acres

      Deer Lodge Sawmill - Turnkey Operation

      Established Sawmill, 2 Acres, Equipment Included
      829 Airport Rd, Deer Lodge, MT 59722
      View Details
    • $340,000

      Deer Lodge Storefront - Main Street

      Historic Downtown Storefront, High Traffic Area
      419 Main St, Deer Lodge, MT 59722
      View Details
    • $400,000

      Deer Lodge Mixed-Use Investment

      Prime Montana commercial property; high return potential.
      220 Rainbow Ave, Deer Lodge, MT 59722
      View Details
    • $300,000

      Deer Lodge Mixed-Use Investment

      High-yield self-storage & mixed-use.
      208 Rainbow Ave, Deer Lodge, MT 59722
      View Details
    • $495,000

      Historic Deer Lodge Retail Building

      Prime location, income-producing, 9,133 sq ft lot
      407 Main St, Deer Lodge, MT 59722
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Historic Main Street retail investment. High occupancy, strong rental income.
    Where is this individual retail property located?
    The property is located at 517 Main St Deer Lodge, MT.
    What is the asking price?
    The asking price for this property is $199,900.
    Request Owner's contact information
    517 Main St Deer Lodge, MT 59722
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    Deer Lodge, MT 59722
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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
    517 Main St Deer Lodge, MT 59722
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