1301 11th S Ave, Great Falls, MT 59405-4654
This exceptional commercial property, located at 1301 11th Avenue S in Great Falls, Montana, presents a compelling investment opportunity. Priced at $2,450,000, this 0.861-acre site boasts a 100% occupancy rate with five long-term tenants: Nail Club, Charter/Spectrum, Benefis Foot & Ankle Clinic, Race MT, and My Hearing Centers. The building, constructed in 1964, features a pre-engineered steel frame and a durable metal roof. Recent upgrades include a brand-new common area water heater, upgraded interior signage and lighting, and a convenient vending machine. The inviting common area also includes travertine tile and several benches. Ample parking is available for tenants and customers. Excellent visibility is ensured by a pylon sign and individual cabinet signs for each tenant. The property includes two common area restrooms, with four of the five tenants also having private restrooms within their spaces. A walk-up staircase leads to a substantial second-level area, offering significant storage space or potential for additional office development. Tenants are responsible for their own gas and electric (if separately metered) and interior janitorial services. This well-maintained and highly visible property offers a strong return on investment with its stable tenant base and desirable location just one block from 10th Avenue South.
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The Hearing Place of Montana, Inc Hearing Aid Store
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My Hearing Centers Hearing Aid Store
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Teausant Alicia DPM Physician
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Peggy Ray, MPT Physician
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Idealics Llc Hearing Aid Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.