Property profile

8 Us Highway 2 E Columbia Falls, MT 59912

FOR SALE
Retail space
Property ID
US52-0141424
4,110 SF 0.5 ac lot Built 1930
Individually Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, known as Station 8, presents a unique investment opportunity in the heart of Downtown Columbia Falls, Montana. Located at 8 US Highway 2 E, this 3,330 square foot building sits on a half-acre lot with prominent frontage on both the highway and a city road. Built in 1930, the property boasts a rich history, originally serving as a mechanic shop. Currently operating at 100% occupancy as a single-unit retail space, it offers significant potential for various businesses under its CB2 zoning designation. The interior features attractive original wood flooring, stunning picture windows, and an added storage/staging area, all enhanced by charming wooden accents on the walls and ceilings. The building's historic character, combined with its prime location and high traffic count, makes it an ideal space for a discerning entrepreneur. The property's unique features, including the original Columbia Falls Train Depot elements, create a captivating atmosphere. Detailed zoning regulations are available upon request. This is a rare chance to acquire a piece of Columbia Falls history with immense potential for future growth and profitability. The asking price is $1,350,000.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction WOOD
Total area 4,110 SF
Lot 0.5 ac (21,780 SF)
Zoning code 6
APN 07-4186-17-1-05-10-0000
UPID US52-0141424

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8 Us Highway 2 E Columbia Falls, MT 59912
Columbia Falls metro Census 203 KALISPELL, MT MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$435k

Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2008
Price N/A
2005
Price N/A

Zoning & alternative use

6 · Columbia Falls, MT

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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