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    407 Central Ave Great Falls, MT 59401

    Sponsored
    For Sale
    $225,000

    Prime Central Ave location; two sections, ample storage.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This mixed-use building at 407 Central Avenue in downtown Great Falls, Montana, presents a unique investment opportunity. Built in 1900, the property is offered at $225,000 and features a flexible layout ideal for both business owners and investors. The building is divided into two distinct sections, providing the option for owner-occupancy of one section and rental income from the other, or utilization of the entire space for a single business. Located on Central Avenue, this property benefits from high visibility and foot traffic in the heart of downtown Great Falls. A significant advantage is the substantial storage space available in the lower level of the building, offering valuable additional utility. This property is classified as Mixed Use, encompassing Office and Retail components, and also includes land. The property's address is 407 Central Avenue, Great Falls, MT 59401, within Cascade County. The building's age and location contribute to its character and potential for a variety of uses. This is an exceptional opportunity to acquire a well-situated commercial property in a thriving downtown area.

    Property Features for 407 Central Ave

    General Information

    Property type
    Land

    Building Details

    Year Built
    1900

    HighLights

    • Downtown Great Falls retail space on Central Avenue, ideal for business relocation or startup.
    • Two‑section building offers flexibility for owner‑occupancy or rental income.
    • Lower level features ample storage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -111.3002419
    Latitude
    47.5055206

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    FAQs

    What type of property is this?
    Land - Prime Central Ave location; two sections, ample storage.
    Where is this land located?
    The property is located at 407 Central Ave Great Falls, MT.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: Downtown Great Falls retail space on Central Avenue, ideal for business relocation or startup.; Two-section building offers flexibility for owner-occupancy or rental income.; Lower level features ample storage.
    Request Owner's contact information
    407 Central Ave Great Falls, MT 59401
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    Great Falls, MT 59401
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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
    407 Central Ave Great Falls, MT 59401
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