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Property profile & analytics
OFF-MARKET
Retail space

111 Main St Laurel, MT 59044-3137

2,700 SF 0.09 ac lot Built 1910
Entity Owned 8-yr Hold Free & Clear
Property ID
US52-0041895
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction WOOD
Total area 2,700 SF
Lot 0.09 ac (3,920 SF)
Zoning code CBD
APN 03-0821-09-4-05-07-0000
UPID US52-0041895
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Laurel's Main St. Perk Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Crowl LLP · 8 yrs held
Crowl LLP
since 2018
3 recorded transactions
2018
Price N/A
2017
Price N/A
2006
Price N/A
Zoning & alternative use
CBD · Laurel, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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