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    Mixed-use properties

    324 Front St, Conrad, MT 59425

    Built 1905
    Property ID
    Property summary
    AI-generated overview

    This versatile mixed-use building at 324 S Front Street, Conrad, MT 59425, presents a unique investment opportunity. The property, built in 1905, sits on a sizable 7,100 sq ft lot and offers a substantial 4,640 sq ft main floor with 14' ceilings (per public records) and a 2,400 sq ft basement with 8' ceilings. The main floor previously housed a gymnastics facility and preschool, showcasing its adaptability. The layout includes an office/greeting area and an adjoining room, ideal for various uses. The expansive open space allows for creative customization to suit diverse business needs, such as an event center, fitness center, youth center, or dance studio. The basement area, mostly featuring cement floors, provides ample additional space. The building's infrastructure includes updated electrical systems in recent years and a forced air furnace for the front section, supplemented by two wall/ceiling furnaces in the rear open area. Bathrooms are currently configured but could potentially be reconfigured to include a shower. This property's size, location, and flexible layout offer significant potential for a wide range of commercial ventures. The asking price is $81,000.

    Property profile
    Verified
    Property type Mixed-use properties
    Year built 1905
    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
    • Golden Triangle Gymnastics, Dance, Preschool & Early Education Gym & Fitness Center
    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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