801 Fee St Helena, MT 59601-3154
This exceptional 12,840-square-foot property, situated on a 0.76-acre lot in Helena, Montana, presents a unique investment opportunity. Currently operating as a fully functional nightclub, this building boasts significant potential for adaptive reuse. Located conveniently off Prospect and I-15, the property offers ample parking with 43 spaces. The two-story building features expansive open floor plans on both levels, each with an occupancy limit exceeding 300 people. The main floor includes a fully equipped commercial kitchen, restrooms, and several small closets. The basement, accessible from both inside and outside, is equipped with a sprinkler system and is divided into six rooms, along with additional restrooms. Both floors benefit from high ceilings. A comprehensive 2022 renovation exceeding $500,000 has resulted in significant upgrades, including new condenser units and updated HVAC systems for enhanced energy efficiency and climate control. ADA-compliant restrooms have been installed on both floors. The renovation also encompassed extensive electrical, plumbing, fire safety, and cosmetic improvements, ensuring compliance with modern building codes. All necessary inspections for fire and safety have been successfully passed. The B-2 zoning allows for a wide range of uses, making this property ideal for conversion into medical offices, retail space, or other commercial ventures. This turnkey operation offers immediate income potential or the flexibility to create a custom space to meet your specific needs.
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Lux nightclub and casino Bar & Pub
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
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.