225 1St St Hamilton, MT 59840
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 225 1St St
- Year built
- 1938
- Property size
- 7,776 SF
- Property type
- Retail properties & Spaces
- Property subtype
- Mixed-use properties
Description
This exceptional mixed-use property, located at 225 S 1st Street in Hamilton, Montana, presents a compelling investment opportunity. The 7,776 square foot commercial building, constructed in 1938, sits on a substantial 25,221 square foot lot, offering ample space and potential for future development. Currently boasting 100% occupancy with eight tenants generating a strong net operating income (NOI) of $9,355 and a 7.30% cap rate, this property provides immediate cash flow. The prime location on Highway 93 ensures high visibility and accessibility, further enhanced by one of Hamilton's tallest signage opportunities. The property includes 35 parking spaces and convenient alley access. This iconic Hamilton landmark offers a unique blend of established income and significant upside potential for expansion or redevelopment, making it an ideal acquisition for investors seeking a strong return in a thriving Montana community. The property's versatility allows for a variety of retail and office uses, catering to diverse business needs. With its prominent location and substantial lot size, this property is poised for continued success in the growing Hamilton market. The asking price is $1,300,000.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Ravalli
- State
- Montana
- Longitude
- -114.156
- Latitude
- 46.2454
