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Property profile & analytics
OFF-MARKET
Investment properties

221 5th Ave Helena, MT 59601-4205

1,423 SF 0.14 ac lot Built 1890
Entity Owned ~ Est. High Equity
Property ID
US52-0489033
Property summary
AI-generated overview

This exceptional mixed-use property, located at 221 5th Avenue in Helena, Montana, presents a unique investment opportunity. Situated on a 6,011 square foot lot at the corner of 5th Avenue and Ewing, in the heart of Helena's Historic District, this 1,500 square foot building enjoys a prime location adjacent to the Lewis & Clark County Courthouse. Currently operating as a law firm for the past 22 years, the property boasts 100% occupancy and offers significant potential for continued success in its current configuration or adaptive reuse. Built in 1875, the building retains many of its original features, including a welcoming foyer with an original brass transom, beautiful interior woodwork, Victorian wallpaper, vintage parlor doors, a sunny bay window, and antique hardware throughout. Modern amenities include a sprinkler system and central air conditioning. The exterior features a wrap-around white vinyl fence with an archway. The property's convenient location offers easy access to the Myrna Loy Center and all the amenities of downtown Helena. With a few modifications, this property could easily be converted into a single-family home. This is a rare chance to own a piece of Helena's rich history. Asking price is $489,900.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1890
Construction WOOD
Total area 1,423 SF
Lot 0.14 ac (6,011 SF)
APN 05-1888-31-2-46-11-0000
UPID US52-0489033
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
Current use
Occupant on record · Public records
  • Weber Law Firm Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Toole Building LLC
Toole Building LLC
since 2025
2 recorded transactions
2025
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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