Property profile

113 Central Ave Great Falls, MT 59401

FOR SALE
Retail space
Property ID
US52-0075161
8,073 SF 0.09 ac lot Built 1890
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 113 Central Avenue in Great Falls, Montana, presents a unique investment opportunity. Built in 1890, this three-level building boasts a total of 8,073 square feet, according to cadastral records. The ground floor offers approximately 3,300 square feet of mostly open space, complemented by a walled rear area. The second floor features storage space and several rooms, potentially former sleeping quarters and bathrooms. An apartment is situated on the third floor. The property is ready for renovation and modernization, offering significant potential for a variety of commercial uses. A functional freight elevator services all three floors, adding to the building's versatility. The lot size is 3,750 square feet. This prime downtown Great Falls location, with its rich history and substantial square footage, presents a rare chance to acquire a landmark building with immense upside potential. The asking price is $319,000. The property's zip code is 59401, and it is situated in Cascade County.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1890
Construction WOOD
Total area 8,073 SF
Lot 0.09 ac (3,746 SF)
APN 02-3015-12-2-18-05-0000
UPID US52-0075161

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

113 Central Ave Great Falls, MT 59401
Great Falls metro Census 10800 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
$380k

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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More about this property
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