Property profile

324 Front St Conrad, MT 59425

OFF-MARKET
Mixed-use properties
Built 1905
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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

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

324 Front St Conrad, MT 59425
Conrad metro
Google Maps

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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