Property profile

106 Main St Ronan, MT 59864

OFF-MARKET
Retail properties & Spaces
7,252 SF 0.13 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional mixed-use property at 106 Main Street SW, Ronan, MT 59864, presents a compelling investment opportunity. The 7,252 square foot building, constructed in 1950, sits on a 0.13-acre lot and boasts 100% occupancy across two units. The main level comprises approximately 5,137 square feet of retail space, currently occupied by a long-standing floral/gift/coffee shop and a separate storage unit with a 12-foot overhead door. This versatile space offers significant potential for continued income generation. An additional approximately 2,115 square feet of unfinished space is located upstairs, presenting the possibility of developing a residential apartment, further enhancing the property's value and income stream. The property's prime Main Street location in Ronan, Montana ensures high visibility and accessibility. This is a rare chance to acquire a well-established, income-producing property with significant upside potential in a desirable Montana town. The property is zoned for mixed-use, allowing for flexibility in future development and tenant occupancy. The asking price is $269,000. This represents a strong return on investment given the current occupancy and potential for future development. Serious inquiries are encouraged.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1950
Total area 7,252 SF
Lot 0.13 ac (5,663 SF)

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
  • Business Service Center Advocacy Group

Location

106 Main St Ronan, MT 59864
Ronan 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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