Property summary
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
VerifiedCap rate & NOI
Current use
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Physician
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Restaurant
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Mobile Phone Store Electronics & Wireless Store
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Physician
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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