1900 Last Chance Gulch Helena, MT 59601-0798
- Office buildings
- 8,368 SF
- 0.28 lot acres
Current Use by Public Records
- Farmers Union Insurance / Insurance Agency / Auto Insurance Agency
- Trusted Vision, LLC / Mental Health Service
- The Vape and Glass Hut / Tobacco Shop
- Dewalt Studio / Photography Studio
- Kayla Leary Eye Lash Extensions / Beauty Salon
Property Details for 1900 Last Chance Gulch
- Year built
- 1949
- Construction
- WOOD
- Lot size
- 0.28 lot acres
- Property size
- 8,368 SF
- Property type
- Office buildings
- APN
- 05-1888-19-4-06-12-0000
- APU
- 5188819406120000
Description
This exceptional 11,712 square foot commercial building in Helena, Montana, presents a lucrative investment opportunity. Located at 1900 N Last Chance Gulch, this 12-unit property boasts a diverse tenant mix, including a dispensary, commercial kitchen, professional photographer, and salon, ensuring consistent income. All units are currently leased, generating a strong 8.84% cap rate. Built in 1949, the building has been meticulously maintained and improved by the current owner. The property sits on an 11,979 square foot lot and is zoned B2 - Community Business, allowing for a variety of compatible uses. Its prime location offers high traffic counts, stunning mountain views, and proximity to both the city center and local campus. The asking price is $1,395,000, translating to $134.05 per square foot. Financing options are available, even with the existing dispensary tenant. This is a rare chance to acquire a well-established, high-performing commercial property in a desirable Montana location. The property's diverse tenant base and strong financial performance make it an ideal addition to any investment portfolio.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Helena
- County
- Lewis And Clark
- State
- Montana
- Longitude
- -112.026
- Latitude
- 46.6045
- CBSA code
- 25740
- CBSA name
- HELENA, MT MICROPOLITAN STATISTICAL AREA
