1216 9Th Ave Great Falls, MT 59405
This exceptional mixed-use property, located at 1216 9th Avenue S in Great Falls, Montana, presents a unique investment opportunity. The property, built in 1925, sits on a substantial 7,492 square foot lot and is zoned C-2 General Commercial. This zoning is ideal for businesses that rely heavily on vehicle traffic, making it suitable for a variety of commercial ventures. The location is designed to accommodate high-traffic businesses, while also considering its proximity to residential areas. Specific provisions are in place to mitigate potential impacts on neighboring residences through appropriate screening and landscaping. Importantly, existing residential uses are not considered nonconforming under the current zoning regulations. This means that current residential uses are permitted to expand or be re-established in the event of damage. The asking price for this property is $248,900, offering a compelling entry point into the vibrant Great Falls commercial market. The property's size and zoning flexibility provide significant potential for future development and income generation. This is a rare opportunity to acquire a well-situated mixed-use property in a growing Montana city. The property's history and current zoning offer a blend of established character and future potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.