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Property profile & analytics
OFF-MARKET Estimated value $400,000
Showrooms

815 1st N Ave Great Falls, MT 59401-2603

12,936 SF 0.34 ac lot Built 1949
Entity Owned 8-yr Hold Free & Clear
Property ID
US52-0042752
Property summary
AI-generated overview

This versatile 12,936 square-foot commercial property presents a unique investment opportunity in Great Falls, Montana's Opportunity Zone. Located at 815-825 1st Ave N, this single-tenant building sits on approximately 0.688 acres and comprises two lots (Lots 10-11 and 8 & 9 of Block 304). Built in 1949 and remodeled in 2007, the property boasts a new roof (2015) and features a 14-foot wall height. The interior space includes a retail counter/showroom area, a free-span warehouse with skylights, dedicated storage areas, and three restrooms. Exterior amenities include a paved, off-street parking lot with 42 spaces (including two handicap-accessible spaces) and outdoor seating. The property is zoned C-4 Central Business Core; however, prospective buyers/tenants should verify its intended use with the City of Great Falls. The property's strategic location benefits from high traffic counts on 9th Street (AADT 10,903) and 1st Ave N (AADT 7,514). The 2023 property tax was $14,270.18. The property is available for sale at $1,350,000 or lease at $9.00 per square foot per year, NNN. Drive-in doors provide convenient access for loading and unloading.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1949
Construction WOOD
Total area 12,936 SF
Lot 0.34 ac (14,985 SF)
APN 02-3015-12-1-30-05-0000
UPID US52-0042752
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
Current use
Occupant on record · Public records
  • Great Falls Gymnastics Academy High School
  • Great Falls Learning Academy Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k
Owner & transaction history
3 Brodre INC · 8 yrs held
3 Brodre INC
since 2018
6 recorded transactions
2018
Price N/A
2017
Price N/A
2016
Price N/A
2008
Price N/A
2007
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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