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    Specialty properties

    407 Sansome St, Philipsburg, MT 59858

    0.14 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This unique 0.14-acre property at 407 S Sansome Street, Philipsburg, MT 59858, presents a compelling investment opportunity. Built in 1960, the building offers a flexible layout currently configured for diverse uses. One section serves as a personal machine shop, another as a workshop/construction office, and the remaining space is residential. The residential area includes two bedrooms and two bathrooms, an open floor plan, and garage space. The property's central location between the local school and hospital, and within walking distance of downtown Philipsburg, provides exceptional convenience and accessibility. The asking price is $950,000. This property's adaptability allows for various scenarios: continued operation as a mixed-use space, subdivision into separate commercial units, or complete conversion into a single-family residence. The existing infrastructure provides a solid foundation for immediate occupancy or redevelopment, catering to a wide range of entrepreneurial and residential aspirations. The property's versatility and prime location in Philipsburg, Montana, make it an attractive proposition for investors seeking a high-return asset with significant potential for future growth. Serious inquiries are encouraged to explore the full range of possibilities this property offers.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1960
    Lot 0.14 ac (6,098 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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