234 Lyndale Ave Helena, MT 59601-2913
This exceptional mixed-use property at 234 E Lyndale Avenue in Helena, Montana, presents a unique investment opportunity. Built in 1900, this three-unit building sits on a substantial 6,098 square foot lot and is offered at $424,000. The property comprises two separate buildings, offering versatile usage options. One building currently operates as a residential rental unit, easily adaptable for business office use. The second building is equipped as a commercial kitchen, ideal for a coffee shop, retail establishment, or similar venture. Adding to the property's appeal is a two-bedroom apartment above the main floor of one building, accessible via a separate entrance. Ample parking is available, and the property benefits from excellent street visibility, enhancing its commercial potential. The property's configuration allows for diverse uses, including owner-occupancy with a separate business, or a purely investment-focused strategy with all three units leased. This prime Helena location and the property's flexible layout make it an attractive proposition for discerning investors seeking a high-return opportunity. The property's zip code is 59601, and it is located in Lewis and Clark County.
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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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.