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Property profile & analytics

201 2Nd Ave South Great Falls, MT 59405

  • Retail space
  • 15,000 SF
  • 0.34 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US52-0098507
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.

Current Use by Public Records

  • Retail space

Property Details for 201 2Nd Ave South

Year built
1914
Construction
WOOD
Lot size
0.34 lot acres
Property size
15,000 SF
Property type
Retail space
APN
02-3015-12-2-07-01-0000
APU
2301512207010000

Description

Exceptional opportunity to acquire a versatile 14,900 square foot commercial building in the heart of downtown Great Falls, Montana. This property, located at 201 & 207 2nd Avenue South, boasts a high-traffic corner location with exceptional visibility. The building features approximately 8,000 square feet of showroom space with large windows providing ample natural light. The well-designed floor plan includes five separate offices, four bathrooms, a break/conference room, front counter space, an IT room, a copier/office supply room, and several storage rooms. A significant asset is the heated warehouse, encompassing approximately 6,900 square feet, featuring an overhead door and street access, which could also serve as private parking. Completed in 1914, this historic building underwent extensive renovations in 2008, including new plumbing, electrical, roof, HVAC, and windows. From 2008 to 2022, it successfully operated as a furniture, appliance, and electronics store. A portion of the property (207 2nd Avenue South) could function as a separate business, with its own entrance, bathroom, office space, kitchenette, and storage. The 0.34-acre lot is situated within the Downtown Parking District, offering convenient parking advantages. An adjacent warehouse (215 2nd Ave. S, approximately 26,000 sq ft) is available for separate purchase, presenting further expansion possibilities. This property offers immense potential for a variety of commercial uses, capitalizing on the growth and revitalization of downtown Great Falls. Asking price is $2,250,000.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Great Falls
County
Cascade
State
Montana
Longitude
-111.304
Latitude
47.5034
CBSA code
24500
CBSA name
GREAT FALLS, MT METROPOLITAN STATISTICAL AREA

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
2023
$15,096
$0.00
$0.00
$889,400
-
$96,750
$792,650
$889,400
More about this property
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