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    115 Dewey Ave Eureka, MT 59917

    Sponsored
    For Sale
    $330,000

    Prime Eureka location, two units, $330,000.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This mixed-use commercial property, located at 115 Dewey Avenue in Eureka, Montana, presents a unique investment opportunity. Built in 1910, the building sits on a 0.15-acre lot and features two units. Currently leased on a month-to-month basis, this property offers immediate income potential. The building boasts a large footprint, situated on a main street location in Eureka. Convenient parking is available on an adjacent vacant lot, although it operates on a first-come, first-served basis. Adding to the property's versatility, there is a partially finished apartment located in the upper rear of the building, offering potential for expansion or additional rental income. The property's address is 115 Dewey Avenue, Eureka, MT 59917. Note that an adjoining parcel, 113 Dewey Avenue, is also available for purchase, increasing the total investment to $640,000. This presents a compelling opportunity to acquire a significant commercial presence in the heart of Eureka.

    Property Features for 115 Dewey Ave

    General Information

    Property type
    Mixed-use properties
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1910
    Units
    2

    HighLights

    • Mixed‑use commercial building at 115 Dewey Avenue, Eureka, MT.
    • 1910 construction on a 0.15‑acre lot.
    • Two units, currently month‑to‑month leases, providing immediate income.
    • Main street location with adjacent parking (first‑come, first‑served).
    • Partially finished upper apartment offers expansion potential.
    • Adjoining parcel (113 Dewey Ave) available for combined $640,000 purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Montana Technical Solutions Computer Store

    Suggested Use

    Building Supply Wholesale Shop Restaurant Clothing Store Pharmacy Auto Parts Store Hair Salon Gym & Fitness Garden Center Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Eureka
    County
    Lincoln
    State
    Montana
    Longitude
    -115.0533722
    Latitude
    48.879424

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Eureka location, two units, $330,000.
    Where is this mixed-use property located?
    The property is located at 115 Dewey Ave Eureka, MT.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: Mixed-use commercial building at 115 Dewey Avenue, Eureka, MT.; 1910 construction on a 0.15-acre lot.; Two units, currently month-to-month leases, providing immediate income.
    Request Owner's contact information
    115 Dewey Ave Eureka, MT 59917
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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
    115 Dewey Ave Eureka, MT 59917
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