Property profile

324 Front St Conrad, MT 59425

OFF-MARKET
Commercial real estate
4,640 SF 0.16 ac lot Built 1905
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Property summary

AI-generated overview

This expansive 4,640 square foot commercial property located at 324 S Front Street in Conrad, Montana, presents a remarkable opportunity for a variety of businesses. Situated on a 0.16-acre lot, the building offers immense flexibility and potential for redevelopment. The main floor boasts 14-foot ceilings (per public records) and previously housed a gymnastics facility and preschool. The layout includes an office/greeting area and an adjoining room, ideal for reception or administrative functions. The large open space is perfect for an event center, fitness center, youth center, dance studio, or numerous other uses. The existing bathrooms could be reconfigured to include a shower, depending on the future tenant's needs. Recent updates include an upgraded electrical system. Heating is provided by a forced air furnace in the front of the building and two wall/ceiling furnaces in the rear open area. A substantial 2,400 square foot basement with 8-foot ceilings and mostly cement floors offers additional storage or expansion possibilities. This property is priced to sell at $81,000 and is ready for its next chapter. The possibilities are endless!

Property profile

Verified
Property type Commercial real estate
Year built 1905
Total area 4,640 SF
Lot 0.16 ac (6,970 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
  • 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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