815 1st N Ave Great Falls, MT 59401-2603
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.
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Great Falls Gymnastics Academy High School
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Great Falls Learning Academy Gym & Fitness Center
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
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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.