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    OFF-MARKET
    Retail properties & Spaces

    225 1St St, Hamilton, MT 59840

    7,776 SF Built 1938
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Year built 1938
    Total area 7,776 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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