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    OFF-MARKET
    Office Spaces

    215 Smelter Ave, Great Falls, MT 59404

    1.19 ac lot Built 2003
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Quality Life Concepts Charitable Organization Social Service Agency
    • First Impressions Denture Clinic-Allen Casteel, Denturist Dental Office
    • Erin Faulkner Physician Medical Clinic
    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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