Property summary
This exceptional mixed-use property at 402 Central Avenue in Fairfield, Montana, presents a compelling investment opportunity. Built in 1950, this storefront sits on a 0.161-acre lot and offers a versatile space ideal for a variety of commercial uses, including restaurant, bakery, or retail. The asking price is $325,000. Its prime corner location in the heart of Fairfield ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The property's history as a long-standing community business (operating for over 50 years) provides a strong foundation for continued success. The building's age suggests potential for renovation or modernization to enhance its functionality and appeal to a wide range of potential tenants or owner-operators. The property's mixed-use designation allows for flexibility in its operation, potentially accommodating multiple businesses or a combination of commercial and residential uses, subject to local zoning regulations. This is a rare opportunity to acquire a well-established commercial property in a thriving Montana community. The 59436 zip code offers easy access to local amenities and transportation routes. Serious inquiries are encouraged to explore the potential of this unique investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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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
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
6 · Fairfield, MTZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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