Property summary
This exceptional mixed-use property, located at 134 & 140 E Broadway in Philipsburg, Montana, presents a unique investment opportunity. The two charming storefronts, originally constructed in 1900 and completely renovated in 2012, seamlessly blend historical charm with modern conveniences. One storefront is currently owner-occupied, while the other benefits from a long-term lease, ensuring consistent rental income. Above the storefronts, two apartments—a two-bedroom unit and a studio—provide additional revenue streams, boasting a strong history of short-term rental success. Separate entrances ensure tenant privacy. The property sits on a sizable 0.165-acre lot, offering ample off-street parking and additional outdoor space ideal for events or future expansion. Its prime location on a main thoroughfare in a thriving mountain town provides excellent visibility and access to a vibrant retail scene featuring dining, local crafts, and breweries. Nearby recreational opportunities include Georgetown Lake, Discovery National Forest lands, and the Rock Creek and Clark Fork rivers, further enhancing the property's appeal. The asking price for this turnkey investment is $1,325,000. The property's zip code is 59858.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing Store
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Clothing Store
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 2024Property 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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