Property summary
This mixed-use property, located at 318 Mineral Avenue in Libby, Montana, presents a compelling investment opportunity. Built in 1957, this 0.073-acre lot boasts a prime downtown location within a thriving commercial district. The property's current tenant provides consistent rental income, making it an attractive option for investors seeking immediate returns. The area is experiencing significant growth, with new breweries, taverns, restaurants, and retail stores contributing to increased foot traffic and commercial activity. This translates to a strong potential for long-term appreciation. Convenient parking is available both in front for customers and in the rear for employees. The property's mixed-use zoning offers flexibility for future development or expansion, catering to a variety of business needs. The asking price is $239,000. This property is ideally suited for investors seeking a stable income stream and significant upside potential in a rapidly developing Montana town. The property's central location and existing tenant make it a low-risk, high-reward investment.
Property profile
VerifiedCap rate & NOI
Current use
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Production Facility
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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