Property summary
This commercial building is located in downtown Great Falls, Montana, on the corner of 2nd St. S. and 2nd Ave. South. The total building area is just under 15,000 square feet, including approximately 8,000 square feet designated as showroom space with large windows for natural light and street visibility. The interior floor plan includes five separate offices, four bathrooms, a break/conference room, front counter space, an IT room, a copier/office supply room, and multiple storage rooms. The property also includes a heated warehouse area with an overhead door and street access that can function as private parking. The building was constructed in 1914 and underwent significant system and envelope upgrades in 2008, including new plumbing, electrical, roofing, HVAC, and windows. A portion of the property identified as unit (207) is configured for potential separate use, with its own entrance, bathroom, office space, kitchenette, and storage. An adjacent warehouse of approximately 26,000 square feet at 215 2nd Ave. So. is located next door and is listed separately.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Great Falls market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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