213 Broadway Ave Red Lodge, MT 59068-9132
This exceptional mixed-use property, the Tri-Ringer Building, is located at 213 Broadway Ave N in Red Lodge, Montana, 59068. This 1,560 square foot building sits on a 7,057 square foot lot and offers three separate interior spaces, ideal for a variety of business ventures. Currently vacant, this meticulously maintained building boasts recent renovations including new bamboo flooring with in-floor heat, updated electrical service, new doors and lighting, custom maple shelving, and gas forced air heat, complemented by central air conditioning. The 1920s building features elegant Deco curved windows with UV tint protection. The roof was replaced in 2012, and water/sewer lines were updated in 2009. Ample parking is available with a concrete parking area accessible from two sides of the lot, providing 10 parking spaces. A shared restroom serves all three spaces. The property is zoned CBD with a Historical Overlay, offering significant potential for expansion. This turnkey opportunity is priced at $725,000, representing a price per square foot of $464.74. Its prime location in Red Lodge's vibrant business district, a charming ski town and gateway to Yellowstone National Park, makes this a truly unique investment prospect. Each of the three spaces has its own exterior access door.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
1 · Red Lodge, MTRed Lodge. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.