Property profile

215 Smelter Ave Great Falls, MT 59404

OFF-MARKET
Office Spaces
1.19 ac lot Built 2003
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Property summary

AI-generated overview

This exceptional commercial property, located at 215 Smelter Avenue NE in Great Falls, Montana, presents a unique investment opportunity. Built in 2003, the building sits on a 1.19-acre lot and boasts approximately 60 parking spaces. Currently utilized as office, workrooms, and storage space, the property offers significant flexibility for multiple uses. The main level features four separate entrances, approximately 23 individual offices, 24 cubicles (ranging in size from 12' x 12' to 12' x 12' 8"), three large conference rooms, five bathrooms, a full kitchen, and a spacious reception area. A lower level provides access to 24 small and 12 large storage units, plus a substantial area for personal storage. A dental office currently occupies a portion of the space, generating a monthly rental income of $2,500. The property's size and versatile layout make it ideal for a variety of commercial ventures. The asking price is $2,300,000. This is a rare opportunity to acquire a substantial, established commercial property in a desirable Great Falls location. The property's zoning and potential for diverse uses offer significant long-term investment potential. The ample parking and convenient location further enhance its appeal. This property is ready for immediate occupancy and offers a strong return on investment. The existing tenant provides a stable income stream, while the remaining space presents opportunities for expansion or diversification. The property's size and layout provide significant flexibility for future development and adaptation to changing market demands. The 59404 zip code offers excellent access to major transportation routes and amenities.

Property profile

Verified
Property type Office Spaces
Year built 2003
Lot 1.19 ac (51,836 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Charitable Organization Social Service Agency
  • Dental Office
  • Physician Medical Clinic

Location

215 Smelter Ave Great Falls, MT 59404
Great Falls metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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