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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

206 Main St Packers, MT 59410

7,500 SF 0.29 ac lot Built 1914
Property ID
Property summary
AI-generated overview

This 7,500 square foot commercial building, located at 206 Main Street in Augusta, Montana (zip code 59410), presents a unique investment opportunity. Built in 1914 and situated on a 0.289-acre lot, this property boasts a rich history, currently operating as an antique shop. The building features a cinder block perimeter, expansive new concrete flooring, and original wood flooring in the historic blacksmith room, complete with original double doors and branded wood walls. A new spray foam roof was installed in 2023. The interior is divided into four large sections/rooms, heated by ceiling heaters and a wood stove. Many windows are new, preserving some original features. The property includes two bathrooms and has recently undergone a water test. The building is on the Historic Registry, but without any public grant restrictions on renovations. Exterior features include a large parking area in the back, an RV hookup, alley access bordering a creek, and a new garage door. The property is being sold as-is, although the seller has made recent improvements. Utilities include electricity, natural gas, phone availability, underground utilities, and fiber optic availability. The property is in a flood zone and has public sewer. The building's construction includes blown-in insulation, cement siding, and drywall. Interior features include beamed ceilings, built-in features, an open floor plan, and natural woodwork. The asking price is $399,000, and financing options may include owner financing. Augusta is a thriving town with numerous new businesses and attractions, making this property ideal for a variety of uses, including multi-family conversion, retail, lodging, brewery, restaurant, event venue, or office space. The property has a 2023 tax assessment of $1695.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1914
Total area 7,500 SF
Lot 0.29 ac (12,589 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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