Great Falls Restaurant
3315 10th Avenue S Great Falls, MT 59405
3315 10th Avenue S, Great Falls, MT, 59405
Contact for pricing
For Sale
Contact for pricing
Well-known restaurant property for sale in Great Falls.
Property Size6,457 SF
Lot Size1.23 Acres
Price / SF$294.25
Days on Market888
Property Features for 3315 10th Avenue S
General Information
- Standard status
- Active
- Size
- 6,457 SF
- Lot size
- 1.23 Acres
- Property subtype
- Mixed Use
Listing agency
Catalyst Commercial
(406) 750-0276
Listed by
Scott Blumfield · License #RRE-BRO-LIC-16312
Source
Crexi
Added: Feb 14, 2024 Updated: Jul 6 at 8:09AM Checked: Jul 21 at 9:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Catalyst Commercial
Investment Insights
Based on property information with market context.
This is an opportunity to acquire or lease a restaurant property in Great Falls. The property, built in 1998, offers approximately 6,457 square feet of space on a 1.233 acre paved lot. It features an 18-foot interior ceiling height, central air conditioning, a wet sprinkler system, and off-street parking. The sale includes all furniture, fixtures, and equipment (FF&E). The 2023 real estate taxes were $23,895.85. Buyers have multiple purchase options: the building and business together, the business only with a new lease, or the real estate alone for either owner-user restaurant operations or a new concept.
Key Highlights
- Multiple purchase options: building and business, business only with new lease, or real estate alone.
- Includes all FF&E (furniture, fixtures, and equipment).
- Large 6,457 SF restaurant space on a 1.233± acre paved lot.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $122.4k | $18.96 |
| − Vacancy | −$5.1k | −$0.80 |
| EGI | $117.3k | $18.16 |
| − OpEx | −$29.3k | −$4.54 |
| NOI | $88.0k | $13.62 |
6,457 SF · lease $18.96/SF/yr · vacancy 4.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.26M
$1.10M – $1.47M
NOI $87,962 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fuddruckers
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Well-known restaurant property for sale in Great Falls.
Where is this conventional restaurant located?
The property is located at 3315 10th Avenue S Great Falls, MT.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Multiple purchase options: building and business, business only with new lease, or real estate alone.; Includes all FF&E (furniture, fixtures, and equipment).; Large 6,457 SF restaurant space on a 1.233± acre paved lot.
