Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Retail space

    309 W Main St, Lewistown, MT 59457

    5,720 SF 0.04 ac lot Built 1913
    Individually Owned Free & Clear
    Property ID
    US52-0391617
    Property summary
    AI-generated overview

    This stunning 7,200 square foot building, designed by Link & Haire in 1913 and meticulously updated since 2006, presents a unique investment opportunity in the heart of Lewistown, Montana. Situated on a 0.04-acre lot at 309 W Main Street, this historical gem boasts beautiful hardwood floors, original trim and doors, and modern amenities including a new roof and boiler. The building's street-level retail space has housed a thriving beauty salon for years, providing a proven track record of success. The second floor, previously used as medical offices and more recently as general office space, offers 1,800 square feet currently available for lease. A residential rental unit with two bedrooms and two bathrooms occupies the top floor, generating consistent rental income. The building features updated plumbing, electrical systems, and a new fire alarm system. Currently generating $2,130 per month in rental income from the first and third floors, this property offers significant potential for increased revenue through strategic leasing of the vacant second floor. Detailed rental history and expense records are available upon request. All showings require prior arrangement. Please respect the privacy of current tenants and refrain from disturbing them. This is a rare chance to acquire a historically significant, income-producing property in a desirable downtown location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1913
    Construction WOOD
    Total area 5,720 SF
    Lot 0.04 ac (1,786 SF)
    Zoning code 6
    APN 08-2467-15-1-16-07-0000
    UPID US52-0391617
    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
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Orms Robert
    Orms Robert
    since 2026
    1 recorded transaction
    2026
    Zoning & alternative use
    6 · Lewistown, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message