618 W Main St Lewistown, MT 59457
For Sale
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This exceptional mixed-use commercial building, located at 618 W Main St in Lewistown, Montana, presents a compelling investment opportunity. The 8,384 square foot property, situated on a 14,850 square foot lot, is currently fully leased and offers a blend of retail and office space. Originally built in 1916, the two-story building has undergone significant renovations, including recent ADA compliance upgrades such as two handicap-accessible bathrooms (one per floor) and a new electric elevator. The main floor (4,192 sq ft) houses a thriving coffee shop with a long-term lease and an additional retail space. The second floor provides serene and private office areas currently occupied by various businesses. Recent improvements include new roof-mounted A/C units and a new alley fire escape, ensuring compliance with current building codes. Ample parking is provided by a paved 90' x 100' off-street lot included in the sale. The asking price is $555,000, representing a price per square foot of $66.20. Financial details are available upon request to qualified buyers. This prime location on Lewistown's bustling Main Street offers a rare chance to acquire a stable, income-generating asset in a thriving Montana community. The property is a single building, and the investment type is owner/user.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
6 · Lewistown, 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.