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    Property profile & analytics
    FOR SALE
    Turn key restaurants

    2216 N Montana Ave Helena, MT 59601

    4,100 SF 0.49 ac lot Built 1977
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US52-0525632
    2216 N Montana Ave, Helena, MT 59601 For Sale 1 / 20
    $699,000 4,100 SF
    2216 N Montana Ave, Helena, MT 59601
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    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 2216 N Montana Ave in Helena, Montana, presents a unique investment opportunity. Built in 1977, the 4,100 square foot building sits on a spacious 21,519 square foot lot, offering ample parking and visibility on one of Helena's busiest streets. Currently configured as a restaurant and catering space, complete with a kitchen and substantial storage, the property's versatile layout allows for a variety of uses. The "winged" building design is a recognizable Helena landmark. The sale includes the building and real estate only; any existing business operations or franchises are not included in the sale. This property offers significant potential for a wide range of businesses seeking a high-traffic location with excellent visibility and ample space. The asking price is $1,350,000. The property's zip code is 59601, and it is situated in Lewis and Clark County.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1977
    Construction WOOD
    Total area 4,100 SF
    Lot 0.49 ac (21,519 SF)
    APN 05-1888-19-4-24-09-0000
    UPID US52-0525632
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Vap Family Limited Partnership · 5 yrs held
    Vap Family Limited Partnership
    since 2020
    2 recorded transactions
    2020
    Price N/A
    2020
    Price N/A
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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