Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon
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Spa & Massage Center
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Law Firm
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Alternative Medicine Practice
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Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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