Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    3315 Montana Ave Helena, MT 59602

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Target-anchored retail space, Helena, Montana.

    Lot size:
    36,023 SF

    Property Features for 3315 Montana Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,023 SF
    Total Rate
    54034.5

    Building Details

    Stories
    1

    Spaces For Lease

    at 3315 Montana Ave, Helena, MT 59602 Contact us
    Unit 4 -QUIETLY MARKETED

    $18 /Mo

    Size
    5,000 SF
    Contact us

    We can help!

    Listing Contact
    Garrett Blomquist
    Garrett Blomquist

    Listing Agency: Mountain West CRE Listing Agent: Garrett Blomquist

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Northside Center, located at 3315 N Montana Ave, Helena, MT 59602, presents a prime retail opportunity within a thriving commercial center. This single-story, 36,023 square foot property features a multi-tenant configuration, currently boasting 100% occupancy. The center is strategically positioned in a high-traffic retail corridor, benefiting from significant consumer footfall. A major draw is the presence of a Target store as an anchor tenant, ensuring consistent customer traffic and brand recognition for neighboring businesses. While the maximum contiguous space available is 5,000 square feet, the current occupancy means no space is immediately available. However, opportunities may arise in the future. The property's location in Helena, Montana, provides access to a strong local market and offers excellent visibility for businesses seeking to establish or expand their presence. The center's quiet marketing approach ensures a discreet and efficient leasing process. The property is expected to have space available on February 25th, 2025. Interested parties should inquire about future availability.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sally Beauty Cosmetic Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Helena
    County
    Lewis And Clark
    State
    Montana
    Longitude
    -112.0190529
    Latitude
    46.6214684

    Nearby Similar for Lease

    • $2,450 /Mo

      Downtown Helena Office Suite

      Historic building with nine private offices and mountain views.
      32 S Ewing St, Helena, MT 59601
      View Details
    • $19 SF/Yr
      40,598 SF

      Helena Office Suite For Lease

      Office suite in Helena's medical park, ideal for medical use.
      2626 Winne Ave, Helena, MT 59601
      View Details
    • $25 SF/Yr
      27,878 SF

      Prime Office Space Available

      3,200 SF office space with flexible terms for rent.
      2001 11Th Ave, Helena, MT 59601
      View Details
    • $1,495 /Mo
      14,418 SF

      Move-in Ready Office Suite

      761 SF office suite with utilities included, convenient location.
      1361 Elm St, Helena, MT 59601
      View Details
    • $18 SF/Yr

      Historic Montana Club Retail/Office Space

      Iconic downtown building with unique leasing opportunity.
      300 Fuller Ave, Helena, MT 59601
      View Details
    • $1,700 /Mo

      Downtown Helena Commercial Space Available

      Commercial space in the heart of Downtown Helena for lease.
      7 N Last Chance Gulch, Helena, MT 59601
      View Details
    • New
      $800 /Mo
      462,825,000 SF

      Office Space For Rent

      Office space available with high visibility and ample parking.
      629 Helena Ave, Helena, MT 59601
      View Details
    • $1,385 /Mo

      Sought After Office Location

      Office space available now in the Great Northern Town Center.
      40 W 14Th St, Helena, MT 59601
      View Details
    • $4,600 /Mo
      1,814 SF

      Former Bank on Euclid Avenue

      Versatile commercial space with drive-in canopy in Helena, MT.
      1135 Euclid Ave, Helena, MT 59601
      View Details
    • $9 SF/Yr
      3,000 SF

      Renovated Office Suites in Helena

      Affordable, renovated office suites in downtown Helena with pending improvements.
      534 N Last Chance Gulch, Helena, MT 59601
      View Details
    • $14 SF/Yr
      2,306 SF

      Retail Space in Helena, MT

      Commercial space suitable for retail, office, or mixed-use ventures.
      411 N Last Chance Gulch, Helena, MT 59601
      View Details
    • $400 /Mo
      2,400 SF

      East Valley Private Office Space

      Comfortable office space in a growing east valley location.
      3156 Tancy Dr, Helena, MT 59602
      View Details

    FAQs

    What type of property is this?
    Individual retail property - Target-anchored retail space, Helena, Montana.
    Where is this individual retail property located?
    The property is located at 3315 Montana Ave Helena, MT.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 36,023 SF single-story retail center in Helena, MT with 100% occupancy.; Multi-tenant property located in a high-traffic retail corridor anchored by Target.; Maximum contiguous space available is 5,000 SF; no space currently available, but potential availability on February 25th, 2025.
    (801) 727-4414 Call to check price and availability
    Request Owner's contact information
    3315 Montana Ave Helena, MT 59602
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3315 Montana Ave
    Helena, MT 59602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    3315 Montana Ave Helena, MT 59602
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Garrett Blomquist
    Garrett Blomquist
    Real Estate License ID: 6647527-SA00
    (801) 727-4414 (801) 456-8800
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!