Property profile

134 Broadway St Philipsburg, MT 59858

OFF-MARKET
Retail space
Property ID
US52-0642661
1,710 SF 0.02 ac lot Built 1900
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction WOOD
Total area 1,710 SF
Lot 0.02 ac (784 SF)
APN 46-1573-25-1-04-22-0000
UPID US52-0642661

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
  • Clothing Store
  • Clothing Store

Location

134 Broadway St Philipsburg, MT 59858-7575
Philipsburg metro Census 961702
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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