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    1301 11Th Ave Great Falls, MT 59405

    For Sale
    $2,450,000

    Thriving 5-unit commercial building, Great Falls, MT

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 1301 11th Avenue S in Great Falls, Montana, presents a compelling investment opportunity. Priced at $2,450,000, this 0.861-acre site boasts a 100% occupancy rate with five long-term tenants: Nail Club, Charter/Spectrum, Benefis Foot & Ankle Clinic, Race MT, and My Hearing Centers. The building, constructed in 1964, features a pre-engineered steel frame and a durable metal roof. Recent upgrades include a brand-new common area water heater, upgraded interior signage and lighting, and a convenient vending machine. The inviting common area also includes travertine tile and several benches. Ample parking is available for tenants and customers. Excellent visibility is ensured by a pylon sign and individual cabinet signs for each tenant. The property includes two common area restrooms, with four of the five tenants also having private restrooms within their spaces. A walk-up staircase leads to a substantial second-level area, offering significant storage space or potential for additional office development. Tenants are responsible for their own gas and electric (if separately metered) and interior janitorial services. This well-maintained and highly visible property offers a strong return on investment with its stable tenant base and desirable location just one block from 10th Avenue South.

    Property Features for 1301 11Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    37,505 SF

    Building Details

    Year Built
    1964
    Units
    5

    HighLights

    • $2,450,000 asking price for this multi‑tenant commercial property.
    • Retail, land, and office space totaling five units in a 1964 building.
    • 0.861‑acre lot located at 1301 11th Avenue S, Great Falls, MT 59405.
    • 100% occupied with five long‑term tenants, including medical and retail businesses.
    • Features include a pre‑engineered steel frame, metal roof, ample parking, and upgraded common areas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Hearing Place of Montana, ... Hearing Aid Store My Hearing Centers Hearing Aid Store Teausant Alicia DPM Podiatrist Peggy Ray, MPT Physical Therapist Idealics Llc Hearing Aid Store

    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
    Great Falls
    County
    Cascade
    State
    Montana
    Longitude
    -111.2845243
    Latitude
    47.4934486

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    FAQs

    What type of property is this?
    Office Property / Space - Thriving 5-unit commercial building, Great Falls, MT
    Where is this office property / space located?
    The property is located at 1301 11Th Ave Great Falls, MT.
    What is the asking price?
    The asking price for this property is $2,450,000.
    What are key features of this property?
    This property features: $2,450,000 asking price for this multi-tenant commercial property.; Retail, land, and office space totaling five units in a 1964 building.; 0.861-acre lot located at 1301 11th Avenue S, Great Falls, MT 59405.
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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
    1301 11Th Ave Great Falls, MT 59405
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