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    122 Main St Augusta, MT 59410

    Sponsored
    For Sale
    $425,000

    Prime Augusta, MT retail space w/ apartment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 122 Main Street in Augusta, Montana, presents a unique investment opportunity. The 9,235 square foot lot houses a thriving retail space currently operating as a boutique and art gallery, featuring a coffee bar, diverse merchandise, and a children's section. The building, constructed in 1938, has undergone significant recent upgrades, including a complete exterior renovation two years ago with new all-metal siding, a metal roof, and new gutters. This ensures minimal maintenance and long-term durability. Adding to its appeal is a beautifully renovated 3-bedroom, 2-bathroom apartment, completely redone in 2013. This apartment offers excellent potential for rental income or could serve as convenient owner's housing. The property's prime location on Highway 287, a major corridor for tourists traveling between Yellowstone and Glacier National Parks, guarantees high visibility and consistent foot traffic. This presents a compelling opportunity for both established businesses and entrepreneurs seeking a turnkey operation or a blank canvas for their vision in a picturesque Montana town. The asking price for this remarkable property is $425,000. This is a chance to own a cornerstone of Augusta's vibrant community, where art, culture, and commerce blend seamlessly with Montana's stunning natural beauty.

    Property Features for 122 Main St

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1938
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Augusta
    County
    Lewis and Clark
    State
    Montana
    Longitude
    -112.3907655
    Latitude
    47.4941254

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    FAQs

    What type of property is this?
    Retail property - Prime Augusta, MT retail space w/ apartment.
    Where is this retail property located?
    The property is located at 122 Main St Augusta, MT.
    What is the asking price?
    The asking price for this property is $425,000.
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    122 Main St Augusta, MT 59410
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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
    122 Main St Augusta, MT 59410
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