Property profile

1919 3Rd St NW Great Falls, MT 59404

FOR SALE
Turn key restaurants
Property ID
US52-0070791
5,829 SF Built 1973
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 2.68-acre commercial property, located at 1919 3rd St NW in Great Falls, Montana, presents a unique investment opportunity. The 5,829 square foot building, formerly Dimitri's Restaurant, is vacant and available for $1,550,000 ($265.91/sq ft). The property boasts a highly desirable C2-General Commercial zoning, allowing for diverse development options. Situated on a prominent pad lot in front of the former Westgate Shopping Center, this location offers unparalleled visibility and accessibility with full turn access from 3rd Street NW. Benefit from its prime position within the highest traffic count area of Great Falls' NW retail corridor, nestled between a Super Walmart and Albertson's Supermarket, and across from AutoZone and City Brew Coffee. Nearby established retailers include North 40 Outfitters, TJ Maxx, ULTA, Staples, Dollar Tree, Ace Hardware, and Sam's Club, along with numerous national and local restaurants. The property's size is ideal for multi-tenant development, and the owner is willing to sell the entire site or subdivide it to meet specific needs. Built in 1973, this single-story, Class C building presents a blank canvas for redevelopment or repurposing. The fee simple ownership provides complete control and potential for significant return on investment.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Construction WOOD
Total area 5,829 SF
APN 02-3015-01-2-07-20-4000
UPID US52-0070791

Cap rate & NOI

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

Location

1919 3Rd St NW Great Falls, MT 59404
Great Falls metro Census 1800 GREAT FALLS, MT METROPOLITAN 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
$325k

Owner & transaction history

2 recorded transactions
1969
Price N/A
1969
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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