1816 3rd St NW - Storefront Retail/Office FOR SALE


Great Falls, MT 59404
$2,900,000 USD
406-579-5586
1816 3rd St NW, Great Falls, MT for Sale
$2,900,000 USD
Storefront Retail/Office - FOR SALE
1/17
null | Request Cap Rate

1816 3rd St NW
Great Falls, MT 59404


HIGHLIGHTS

  • Fully occupied by two national retailers with three years remaining on leases
  • Building is located on a busy retail corridor with an AADT of over 17,000 vehicles per day
  • Modern building with a drive-through
  • Great Falls is a growing city that merges a high quality of life with a low cost of living

OVERVIEW

Located on a thriving commercial corridor in Great Falls, Montana, 1816 3rd Street NW offers a fully-leased investment opportunity in Northern Montana. The site is nearly one acre, with ±4,521 leaseable square feet currently occupied by two national credit tenants. Average daily traffic volumes exceed 17,000 vehicles. At 1816 3rd Street NW, find a recently constructed building with sleek finishes and an active drive-through. Zoned General Commercial C-2, the property has many allowable uses, including automotive repair and services, carwash, farm/feed sales, grocery stores, and salons. Great Falls services many surrounding rural communities, with strong retail and healthcare sectors to provide goods to residents of communities without shops and medical services. 1816 3rd Street NW is also located directly west of the Black Eagle community and just south of an expansive residential area. Substantial commercial and residential traffic flows through the 3rd Street area of Great Falls. Nearby, the Montana ExpoPark, Sam's Club, Walmart, and a North 40 Outfitters location attract a broad cross-section of users to the area. The Montana ExpoPark is home to the Montana State Fair, which reported over 75,000 admissions in 2022. Throughout the year, the ExpoPark hosts a variety of other large events.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$641 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Montana Fully Leased Retail Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

C2

APN/PARCEL ID

02-3015-01-2-08-01-0000

ASK ABOUT THIS PROPERTY

Ryan SpringerSterling Commercial Real Estate AdvisorsMore Info
406-579-5586

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Ryan SpringerSterling Commercial Real Estate AdvisorsMore Info
406-579-5586

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.