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    OFF-MARKET
    Retail space

    72 Castner St, Belt, MT 59412

    6,000 SF 0.07 ac lot Built 1896
    Individually Owned 9-yr Hold
    Property ID
    US52-0944068
    Property summary
    AI-generated overview

    This remarkable 9,000 square foot commercial building, located at 72 Castner Street in Belt, Montana's historic commercial district, presents a unique investment opportunity. Constructed in 1896 from locally quarried sandstone, this two-story structure stands as a testament to Belt's transition from a mining camp to a thriving town. Its architectural significance is undeniable, featuring an original pressed cornice, pediment, and storefront, all beautifully preserved. The building's metalwork proudly displays the date 1896 and the original business name, "BELT HARDWARE CO, HARNESS, FARM IMPLEMENTS and VEHICLES," showcasing its rich history. As one of the anchor buildings in the district, it retains a high degree of integrity and is considered a key contributing structure to Belt's historical landscape. The 0.06-acre lot provides ample space for various commercial uses. The building's substantial size and prime location within the historic district offer significant potential for adaptive reuse and redevelopment, making it an exceptional opportunity for investors seeking a piece of Montana history. The property is listed at $325,000. This is a rare chance to own a piece of Montana's vibrant past and shape its future.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1896
    Construction WOOD
    Total area 6,000 SF
    Lot 0.07 ac (3,006 SF)
    APN 02-2895-26-1-17-26-0000
    UPID US52-0944068
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Jason Harmala · 9 yrs held
    Jason Harmala
    since 2016
    2 recorded transactions
    2016
    2007
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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