1816 3rd NW St Great Falls, MT 59404-1919

Property Details for 1816 3rd NW St

Year built

2016

Construction

WOOD

Lot size

0.91 lot acres

Property size

4,499 SF

Property type

Retail space

APN

02-3015-01-2-08-01-0000

APU

2301501208010000

Description

This exceptional investment opportunity presents a fully leased, 4,521 square foot retail storefront located at 1816 3rd Street NW, Great Falls, Montana. The property, built in 2016, sits on a nearly one-acre lot (0.906 acres) and boasts a 100% occupancy rate with a multi-tenant lease structure. The primary tenant is T-Mobile, operating under a NNN lease with five years remaining. The property features modern finishes and a convenient drive-through, enhancing its appeal and functionality. Zoned C-2, the property allows for a variety of uses, including automotive services, car washes, grocery stores, and salons. Situated on a thriving commercial corridor, the property benefits from an average daily traffic count exceeding 17,000 vehicles. Its strategic location near the Montana ExpoPark, Sam's Club, Walmart, and other major retailers ensures high visibility and consistent foot traffic. Great Falls' strong retail and healthcare sectors, coupled with its low cost of living, contribute to a robust and growing market. The asking price is $2,900,000, translating to $641.45 per square foot. This presents a compelling investment opportunity in a dynamic and expanding Montana market. The property's APN is 02-3015-01-2-08-01-0000. The property's location provides convenient access to surrounding communities, further enhancing its investment potential. The Montana ExpoPark, a significant local attraction, hosts numerous events throughout the year, including the Montana State Fair, which drew over 75,000 attendees in 2022.