618 Eastside Hwy, Corvallis, MT 59828
This exceptional mixed-use property, situated on a 0.53-acre lot at 618 Eastside Highway in Corvallis, Montana, presents a unique investment opportunity. Built in 1968, the property boasts two units and offers unlimited potential for various uses, including commercial, multi-family, and residential development. There are no restrictive covenants or zoning limitations. A significant advantage is the full walk-out basement, easily adaptable for rental income generation, complete with private parking and convenient highway access. The property also includes a newer 1000 sq. ft. garage/workshop, featuring two separate walkthrough entrances and two overhead garage doors, providing ample workspace and storage. Ample parking is available on a private driveway for both owners and clients. The property enjoys excellent visibility just off Eastside Highway, conveniently located midway between Hamilton and Corvallis. Please note that showings are unavailable between 2:00 PM and 5:00 PM daily. The asking price is $495,000. This property is listed as Residential on MLS # 30033134.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.