Property profile

1531 National Ave Helena, MT 59601

FOR SALE
Office buildings
Property ID
US52-0595180
7,460 SF 0.26 ac lot Built 1885
Individually Owned 16-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1885
Construction WOOD
Total area 7,460 SF
Lot 0.26 ac (11,369 SF)
APN 05-1888-30-1-34-10-0000
UPID US52-0595180

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1531 National Ave Helena, MT 59601
Helena metro Census 900 HELENA, MT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2010
1 recorded transaction
2010
Price N/A

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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More about this property
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