120 2Nd St Hamilton, MT 59840
- Retail space
- 6,100 SF
- 0.15 lot acres
Current Use by Public Records
- Retail space
Property Details for 120 2Nd St
- Year built
- 1930
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property size
- 6,100 SF
- Zone code
- 1
- Property type
- Retail space
- APN
- 13-1467-25-4-50-11-0000
- APU
- 13146725450110000
Description
This exceptional mixed-use property, the Roxy Building, presents a unique investment opportunity in Hamilton, Montana. Built in 1930 and situated on a 6,665 square foot lot at 120 N 2nd Street, this building offers a blend of commercial and residential income streams. The asking price is $744,000. The property's recent renovations include a remodeled residential apartment currently generating rental income. The ground floor currently houses an axe-throwing business, showcasing the building's adaptability. A large theater space in the rear offers significant potential for creative entrepreneurial ventures. The building's historic downtown location provides excellent visibility and access to local amenities. This is a chance to acquire a well-positioned, partially renovated property with immediate income potential and significant upside for future development. The property's mixed-use nature allows for diverse income streams and creative business opportunities. The existing tenants and rental income provide a solid foundation for a strong return on investment. This is an ideal opportunity for investors seeking a hands-on project with substantial potential for growth and profitability in a vibrant Montana town. The property's size and location make it an attractive investment for both seasoned and emerging investors. Further development and finishing touches will enhance the property's value and rental income.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Ravalli
- State
- Montana
- Longitude
- -114.157
- Latitude
- 46.2478
