106 Main St, Ronan, MT 59864
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.
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Chamber of Commerce Business Service Center Advocacy Group
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
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.