530 1St Ave Columbus, MT 59019
This exceptional Columbus, Montana property presents a unique investment opportunity encompassing two lots totaling over 15,500 square feet. Located at 530 1st Ave S, 59019, this mixed-use parcel offers significant redevelopment potential or continued use as both residential and commercial space. The property includes an existing residence situated on a 9,540+/- square foot lot, complemented by a vacant 5,968+/- square foot lot on Pratten, boasting high visibility and traffic flow. Both lots are zoned Light Industrial, providing flexibility for a wide array of commercial uses, including retail, office space, or light manufacturing. The established neighborhood offers convenient access to local amenities. This property is ideally suited for investors seeking to capitalize on the potential for higher-density development or the creation of a mixed-use complex. The asking price is $289,000. The property's strategic location and flexible zoning make it an attractive proposition for a diverse range of commercial and residential ventures. Don't miss this chance to acquire a versatile property in a thriving Montana community.
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.