Property profile

1101 Central W Ave Great Falls, MT 59404

OFF-MARKET
Hotels
Property ID
US52-0111884
3,419 SF 0.22 ac lot Built 1954
Entity Owned 14-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 1101 Central Avenue in Great Falls, Montana, presents a unique investment opportunity. The 0.344-acre lot houses a thriving, established "Korean Cup Bop" restaurant, complete with a drive-through window and ample seating both indoors and outdoors. The building, constructed in 1962, benefits from a highly visible Central Avenue location, a key advantage for attracting customers. The property includes approximately 22 off-street parking spaces, a significant asset in a busy downtown area. This turnkey operation offers the potential for immediate income generation, with the current owner willing to provide training to ensure a smooth transition. The sale includes both the successful business and the building itself, providing a comprehensive investment package. Situated near the growing and vibrant downtown Great Falls area, this property offers significant potential for expansion and increased profitability. The corner location at 11th and Central Avenue ensures high visibility and accessibility. The asking price for this exceptional opportunity is $670,000. This is a rare chance to acquire a well-established business with significant growth potential in a desirable location.

Property profile

Verified
Property type Hotels
Use group HOTEL/MOTEL
Year built 1954
Construction WOOD
Total area 3,419 SF
Lot 0.22 ac (9,714 SF)
APN 02-3015-10-1-24-07-0000
UPID US52-0111884

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
  • Hotel & Motel
  • Korean Barbecue Restaurant

Location

1101 Central W Ave Great Falls, MT 59404-3966
Great Falls metro Census 1600 GREAT FALLS, MT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2011
Price N/A

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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