Property profile

318 Mineral Ave Libby, MT 59923

OFF-MARKET
Retail space
Property ID
US52-0819624
2,000 SF 0.07 ac lot Built 1957
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Construction WOOD
Total area 2,000 SF
Lot 0.07 ac (3,180 SF)
APN 56-4175-03-2-27-02-0000
UPID US52-0819624

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Production Facility

Location

318 Mineral Ave Libby, MT 59923-1954
Libby metro Census 200
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2005
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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