221 5th Ave Helena, MT 59601-4205
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.
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Weber Law Firm Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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