Property profile

201 2Nd Ave S Great Falls, MT 59405

FOR SALE
Retail space
Property ID
US52-0098507
15,000 SF 0.34 ac lot Built 1914
Individually Owned 19-yr Hold
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1914
Construction WOOD
Total area 15,000 SF
Lot 0.34 ac (14,985 SF)
APN 02-3015-12-2-07-01-0000
UPID US52-0098507

Cap rate & NOI

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

Location

201 2Nd Ave S Great Falls, MT 59405
Great Falls metro Census 700 GREAT FALLS, MT METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2006
2 recorded transactions
2006
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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