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Property profile & analytics
OFF-MARKET
Retail space

213 Broadway Ave Red Lodge, MT 59068-9132

1,560 SF 0.16 ac lot Built 1920
Entity Owned Absentee Owner Free & Clear
Property ID
US52-0638872
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 1,560 SF
Lot 0.16 ac (7,057 SF)
Zoning code 1
APN 10-0356-27-1-02-04-0000
UPID US52-0638872
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
TRIRINGER LLC
TRIRINGER LLC
Zoning & alternative use
1 · Red Lodge, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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