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    2 6Th Ave E Polson, MT 59860

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    2 6Th Ave E Polson, MT 59860

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    • Office buildings
    • 1,045 SF
    • 0.08 lot acres
    For Sale
    $325,000
    View Listing →
    Polson Commercial Space For Sale For Sale
    $325,000
    1,045 SF

    Polson Commercial Space For Sale

    Commercial space in downtown Polson with many potential uses.

    2 6th Avenue E, Polson, MT 59860
    View Listing
    Property ID
    US52-0769437
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Leigh Kenning PLLC / Foster Care Service / Social Service Agency
    • Craig Stevenson / Foster Care Service / Social Service Agency
    • Samuel Ore / Foster Care Service / Social Service Agency
    • Ms. Dana Hellinger / Counselor / Practitioner Service Location
    • Dogwood Counseling, PLLC / Counselor / Mental Health Service

    Property Details for 2 6Th Ave E

    Year built
    1945
    Construction
    WOOD
    Lot size
    0.08 lot acres
    Property size
    1,045 SF
    Property type
    Office buildings
    APN
    15-3228-04-4-03-11-0000
    APU
    15322804403110000

    Description

    This charming 1,045 sq ft mixed-use commercial property, located at 2 6th Avenue E in downtown Polson, Montana, presents a unique investment opportunity. Built in 1945, the building sits on a 3,485 sq ft lot and offers five separate office spaces, a large lobby/sitting area, a kitchen, and a half bathroom. Previously used as a therapy office, the layout is versatile and suitable for a variety of commercial businesses. The property includes a separate storage unit and a backyard area, complemented by convenient street parking. Its prime location off Main Street in Polson provides excellent visibility and accessibility. The asking price is $345,000. This property offers significant potential for both owner-occupancy and rental income, representing a rare find in the Polson real estate market. The property's convenient location and versatile layout make it an attractive investment for those seeking a strong return on investment in a thriving Montana community. The building's solid construction and existing infrastructure provide a solid foundation for future growth and adaptation to various business needs. This is a chance to acquire a well-situated commercial property in a desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Polson
    County
    Lake
    State
    Montana
    Longitude
    -114.163
    Latitude
    47.69

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,832
    $0.00
    $0.00
    $224,300
    -
    $42,500
    $181,800
    $224,300

    Comparable in this City

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      109 3rd E Ave

      OFFICE BUILDING • 576 SF
      109 3rd E Ave, Polson, MT 59860-2141
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      1105 1st E St

      OFFICE BUILDING • 1,512 SF
      1105 1st E St, Polson, MT 59860-5325
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      201 4th E Ave

      OFFICE BUILDING • 2,817 SF
      201 4th E Ave, Polson, MT 59860-2350
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    • Value Estimation by Request
      280 SF

      810 Main St

      OFFICE BUILDING • 280 SF
      810 Main St, Polson, MT 59860-3227
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    • Value Estimation by Request
      10,000 SF

      49627 Us Hwy 93

      OFFICE BUILDING • 10,000 SF
      49627 Us Hwy 93, Polson, MT 59860-2301
      View Details

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      Polson Commercial Space For Sale

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      Polson Office Space For Rent

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    Polson, MT 59860
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    2 6Th Ave E, Polson, MT, 59860
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