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    Specialty properties

    114 1st St, Ennis, MT 59729

    2,520 SF 0.11 ac lot Built 1900
    Individually Owned Free & Clear
    Property ID
    US52-0922496
    Property summary
    AI-generated overview

    This exceptional 6,680 square foot historic building presents a unique investment opportunity in the heart of Ennis, Montana. Situated just one block from the vibrant downtown area, this property boasts stunning hardwood floors throughout a large great room, perfect for a variety of uses. The main level also includes two bathrooms, a dressing room, and ample storage space. The expansive layout offers endless possibilities, from event spaces and workshops to studios or other commercial ventures. The lower level features another large open area, complemented by a spacious kitchen, ideal for catering or hosting larger gatherings. Two additional bathrooms on this lower level enhance the functionality of this versatile space. The property sits on a 0.11-acre lot and is within easy walking distance of all downtown amenities, including the Madison River and Lyons Park. This is a chance to own a piece of Montana history and capitalize on its significant potential. The building's size and central location make it an attractive proposition for a wide range of commercial uses. The existing features, including the hardwood floors and spacious layout, provide a solid foundation for future development or immediate occupancy. This property offers a rare combination of historical charm and modern potential in a highly desirable location.

    Property profile
    Verified
    Property type Specialty properties
    Use group CHARITABLE ORGANIZATION
    Year built 1900
    Construction WOOD
    Total area 2,520 SF
    Lot 0.11 ac (4,617 SF)
    APN 25-0423-04-2-06-07-0000
    UPID US52-0922496
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    LODGE 2 MONTANA
    LODGE 2 MONTANA
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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