111 Main St Laurel, MT 59044-3137
This charming 2700 sq ft retail building, located at 111 E Main Street in Laurel, Montana, presents a unique investment or lease opportunity. Situated on a 0.09-acre lot (3900 sq ft), this historic property boasts a rich history, having served as a pharmacy for many years. The building's interior features open space, adaptable to a variety of uses, and includes numerous built-in cabinets, adding to its nostalgic charm. The main floor offers ample space for retail operations or office space, while a full basement provides substantial storage or inventory space. A small parking area is conveniently located at the rear of the building. The property's historical significance is further highlighted by available Montana Historic Property Record information (see attachments). Currently occupied by a temporary tenant, this property offers flexibility for both ownership and lease options. The asking price is $315,000. County records should be consulted by prospective buyers to verify property details to their satisfaction.
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Laurel's Main St. Perk Cafe & Coffee Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Laurel, MTLaurel. Always verify with local authorities before improvements.
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.