Property profile

104 Main SW St Ronan, MT 59864

OFF-MARKET
Retail space
Property ID
US52-0229485
3,137 SF 0.1 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 3,137 square foot retail property, situated on a 0.1-acre lot at 104 Main Street SW in Ronan, Montana, presents a compelling investment opportunity. Currently generating strong income from fully occupied, long-term leases, this building offers a blend of office, retail showroom, and warehouse space, catering to a diverse range of tenants. The property's strategic location on Main Street SW positions it for significant future growth, particularly with the planned Ronan Urban project that will enhance visibility and accessibility via Highway 93 frontage. The building itself is in excellent condition, having undergone substantial mechanical and cosmetic improvements over the years. This ensures a low-maintenance investment with immediate cash flow. The unique combination of space types addresses a current market need in the expanding City of Ronan, promising sustained occupancy and rental income. The property's strong tenant base and proven income stream, coupled with its prime location and future development potential, make this a rare opportunity for investors seeking a high-return, low-risk investment in a thriving Montana community. The asking price is $360,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction WOOD
Total area 3,137 SF
Lot 0.1 ac (4,487 SF)
APN 15-2987-02-1-45-11-0000
UPID US52-0229485

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
  • Sustainability Organization
  • Garden Center Landscaping
  • (Bike/Boat/Book/etc) Store Alternative Medicine Practice
  • Insurance Agency
  • Physician

Location

104 Main SW St Ronan, MT 59864-2703
Ronan metro Census 940500
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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