1531 National Ave Helena, MT 59601
For Sale
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This exceptional Helena, Montana commercial property, located at 1531 National Avenue, offers 14,920 square feet of versatile space ideal for a variety of business uses. Built in 1885, this 0.261-acre lot boasts a recently renovated building featuring a new roof, electrical system, insulation, drywall, city waterline, and PVC sewer line. The interior includes two bathrooms, a kitchenette, a freight elevator, ample parking, dedicated storage rooms, and several offices. The main level offers a spacious open floor plan. Its prime location just off Montana Avenue, between the railroad and downtown Helena, and adjacent to the Lewis and Clark Brewery, provides excellent visibility and accessibility. The property's zoning allows for retail, office, warehouse, or creative workspace uses, making it a highly attractive investment opportunity. The asking price is $1,150,000. This property presents a unique blend of historical charm and modern functionality, offering significant potential for a discerning buyer. The property's size and features make it suitable for a wide range of commercial ventures. Its convenient location ensures high visibility and easy access for both employees and customers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.