1919 3Rd St NW, Great Falls, MT 59404
For Sale
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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.
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.