300 Railroad Ave Plains, MT 59859-7742
This remodeled, single-tenant office building at 300 Railroad Avenue in Plains, Montana, presents a fantastic opportunity. Boasting 1,159 square feet, this property is ideally situated in the heart of downtown Plains, directly on Highway 200, offering exceptional visibility and accessibility. The building sits on a spacious 0.18-acre corner lot, providing ample frontage on the highway. Recent renovations include a new HVAC system, roof, and interior/exterior paint, along with the addition of two updated bathrooms. The layout includes a 30x25 shop area equipped with two large roll-up doors, a dedicated storage room, and a welcoming front office area featuring expansive picture windows. The building is zoned Commercial (APN: 35297926303360000) and offers endless possibilities for a variety of commercial uses. Environmental concerns were addressed with the removal of underground tanks and subsequent soil testing in 1992 (see attached documentation). This is a truly move-in ready space, perfect for a business seeking a prime location and modern amenities. The property's strategic location and recent upgrades make it an exceptional investment opportunity.
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Ponderosa Property Management Property Management Company
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
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.