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    OFF-MARKET
    Super regional malls

    1302 Prospect Ave F, Helena, MT 59601-3928

    11,437 SF 0.94 ac lot Built 2000
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US52-0542172
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Peak Physical Therapy & Sports Rehab Physician
    • Papa John's Pizza Restaurant
    • Verizon Mobile Phone Store Electronics & Wireless Store
    • Jennell Day Physician
    • Gunnar Starke Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Klmmet Management LLC · 1 yrs held
    Klmmet Management LLC
    since 2025
    2 recorded transactions
    2025
    2020
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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