Property profile

115 Dewey Ave Eureka, MT 59917

FOR SALE
Retail space
Property ID
US52-0650453
4,905 SF 0.08 ac lot Built 1910
Entity Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This mixed-use commercial property, located at 115 Dewey Avenue in Eureka, Montana, presents a unique investment opportunity. Built in 1910, the building sits on a 0.15-acre lot and features two units. Currently leased on a month-to-month basis, this property offers immediate income potential. The building boasts a large footprint, situated on a main street location in Eureka. Convenient parking is available on an adjacent vacant lot, although it operates on a first-come, first-served basis. Adding to the property's versatility, there is a partially finished apartment located in the upper rear of the building, offering potential for expansion or additional rental income. The property's address is 115 Dewey Avenue, Eureka, MT 59917. Note that an adjoining parcel, 113 Dewey Avenue, is also available for purchase, increasing the total investment to $640,000. This presents a compelling opportunity to acquire a significant commercial presence in the heart of Eureka.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction WOOD
Total area 4,905 SF
Lot 0.08 ac (3,267 SF)
APN 56-4823-14-2-02-19-0000
UPID US52-0650453

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
  • Electronics & Wireless Store

Location

115 Dewey Ave Eureka, MT 59917
Eureka metro Census 402
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$455k

Owner & transaction history

since 2015
1 recorded transaction
2015
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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More about this property
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