Property profile

1302 Prospect Ave F Helena, MT 59601

OFF-MARKET
Super regional malls
Property ID
US52-0542172
11,437 SF 0.94 ac lot Built 2000
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property located at 1302 Prospect Avenue in Helena, Montana presents a compelling investment opportunity. The 9,706 square foot building sits on a 0.94-acre lot and boasts 100% occupancy with a diverse tenant mix. Current tenants include established local businesses such as Peak Physical Therapy and Paradise Nails and Spa, complemented by the national franchise presence of Papa Johns and Verizon Wireless. This ensures a stable and diversified income stream for the investor. The property has undergone significant recent renovations, enhancing its appeal and functionality. These improvements encompass a complete overhaul of interior finishes, creating a modern and attractive space for tenants. New bathrooms have been installed throughout, along with updated HVAC units to ensure optimal climate control. The electrical system has also been modernized to meet current standards and provide reliable power. Furthermore, the parking lot has been freshly paved, providing ample and convenient parking for tenants and customers. The property's prime location in Helena, combined with its strong tenant roster and recent renovations, makes it an ideal investment for those seeking a stable and appreciating asset in a thriving Montana market. The asking price is $2,499,000. This represents a rare opportunity to acquire a fully leased, modernized commercial building with significant upside potential.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2000
Construction WOOD
Total area 11,437 SF
Lot 0.94 ac (41,164 SF)
APN 05-1888-29-3-23-03-0000
UPID US52-0542172

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
  • Physician
  • Restaurant
  • Mobile Phone Store Electronics & Wireless Store
  • Physician
  • Physician

Location

1302 Prospect Ave, Unit F Helena, MT 59601-3928
Helena metro Census 900 HELENA, MT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$695k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2020
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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