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Property profile & analytics
OFF-MARKET
Investment properties

234 Lyndale Ave Helena, MT 59601-2913

1,229 SF 0.14 ac lot Built 1900
Individually Owned Free & Clear
Property ID
US52-0376508
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction WOOD
Total area 1,229 SF
Lot 0.14 ac (6,098 SF)
APN 05-1888-30-1-23-15-0000
UPID US52-0376508
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
  • P2P Mobile Devices Mobile Phone Store Electronics & Wireless Store
  • Farmers Insurance - Jamey Watson Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
KATHERINE R AARON
KATHERINE R AARON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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