1200 Bozeman St Helena, MT 59601
This exceptional mixed-use investment opportunity presents a 24,000 square foot warehouse building situated on a 1.001-acre lot in Helena, Montana. Built in 1890, the property boasts a prominent location at 1200 Bozeman Street, offering excellent visibility and convenient access to major roads and highways. Currently, the building has three tenants, although the largest tenant's lease is not in place. The property features 31 vehicle parking spots and benefits from its proximity to the Lewis and Clark Brewery and rail access at the rear. The immediate area is vibrant, with numerous shops, restaurants, and cafes within walking distance. High daily traffic volume (approximately 13,770 cars per day) ensures significant exposure. The property is zoned CLM and is located in a gentrified area experiencing continued growth. The asking price is $1,449,000, with a projected cap rate of 11.60% upon stabilization. Currently, the occupancy rate is 25%. This presents a compelling opportunity for investors seeking a high-yield property in a thriving Montana market. The building's substantial size and versatile nature offer significant potential for future development and increased rental income.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.