529/527 River Rd Hamilton, MT 59840
- Commercial real estate
- 13,603 SF
- 3.47 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 529/527 River Rd
- Year built
- 2007
- Lot size
- 3.47 lot acres
- Property size
- 13,603 SF
- Property type
- Commercial real estate
Description
This exceptional 3.47-acre Hamilton, Montana property presents a unique investment opportunity. Located just steps from the Bitterroot River and the Linda Massa Memorial Art Park, the property boasts a diverse range of income-generating spaces. The main building, previously home to the Ballet Bitterroot Dance Academy, features two dance studios with a combined entry/daycare area and two bathrooms. A fully equipped, modern gym is also included. The main building further comprises two one-bedroom apartments, one three-bedroom/two-bathroom apartment, and one two-bedroom/two-bathroom apartment. Significant remodeling and repainting have enhanced much of the main building's interior. Adding to the property's versatility is a double-wide mobile home, an RV spot with full hookups for an additional mobile home or RV, and a separate four-bedroom, two-bathroom house with a detached two-car garage. This home sits adjacent to a year-round creek and apple orchard. A metal building with a concrete floor and 110V and 220V electrical service completes the property's diverse offerings. The property is already divided into two lots, simplifying potential development or subdivision. With its prime location, multiple income streams, and diverse building options, this property offers significant potential for a savvy investor. The total square footage of the buildings is 13,603 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Ravalli
- State
- Montana
- Longitude
- -114.155
- Latitude
- 46.2313
