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    3 6Th St Great Falls, MT 59401

    Sponsored
    For Sale
    $3,200,000

    Prime location, redevelopment opportunity.

    Property size:
    80,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property at 3 6th Street N, Great Falls, MT 59401, presents a compelling redevelopment opportunity in a vibrant downtown location. Boasting 80,000-83,000 square feet on a 14,985 square foot lot, this 1914-built structure offers significant potential for a variety of uses, including retail, residential, or office spaces. Its strategic location guarantees high visibility and substantial daily foot traffic, capitalizing on the area's economic vitality. Surrounding the property are thriving healthcare facilities, robust manufacturing sectors, and bustling retail establishments. This Qualified Opportunity Zone (QOZ) property is eligible for significant tax incentives under the Tax Cuts and Jobs Act of 2017, including Historic Tax Credits and potential Tax Increment Financing (TIF). Further enhancing its appeal, the property's proximity to a major Northrop Grumman project (Sentinel ICBM) and a planned expansion of a renewable fuel refinery promises substantial long-term economic growth. The presence of a newly established medical school and two major regional healthcare centers further solidifies the area's economic strength. The asking price is $3,200,000, and the seller is open to discussing a lease for a portion of the renovated property, potentially creating an anchor tenant. This is a unique chance to be at the forefront of Great Falls' commercial resurgence.

    Property Features for 3 6Th St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    80,000 SF

    Building Details

    Year Built
    1914

    HighLights

    • Qualified Opportunity Zone property.
    • Historic Tax Credits available.
    • Tax Increment Financing (TIF) potential.
    • Potential anchor tenant lease available.
    • Proximity to Northrop Grumman's GBSD Sentinel project (3,000+ jobs).
    • Near renewable fuel refinery expansion (3,000 barrels/day increase).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Great Falls
    County
    Cascade
    State
    Montana
    Longitude
    -111.2970655
    Latitude
    47.5056116

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, redevelopment opportunity.
    Where is this mixed-use property located?
    The property is located at 3 6Th St Great Falls, MT.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: Qualified Opportunity Zone property.; Historic Tax Credits available.; Tax Increment Financing (TIF) potential.
    Request Owner's contact information
    3 6Th St 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
    3 6Th St Great Falls, MT 59401
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