406 Park Ave Anaconda, MT 59711-2345
This exceptional executive office building, located at 406 E Park Avenue in Anaconda, Montana, presents a compelling investment opportunity. Built in 1940, this property sits on a 0.08-acre lot and is currently generating income through an existing lease agreement. The building features two levels, offering versatile space adaptable to various business needs. The main level is currently configured as office space but could easily be converted back to retail space, depending on the buyer's requirements. The property includes convenient features such as electric forced-air heating and central air conditioning, ensuring year-round comfort. Additional benefits include ample basement storage for inventory or records, and the added convenience of off-street parking. The property's address is 406 E Park Avenue, Anaconda, MT 59711. The asking price for this well-maintained and income-producing property is $495,000. This presents a rare chance to acquire a strategically located commercial property in the thriving Anaconda market. The property's location in Deer Lodge County provides easy access to local amenities and transportation routes. This is an excellent opportunity for investors seeking a stable, income-generating asset with significant potential for future growth and adaptation. The existing lease provides immediate return on investment, while the flexibility of the space allows for future customization to suit a variety of business models.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6 · Anaconda, MTNo 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.