305 1St St Hamilton, MT 59840

This exceptional mixed-use property in Hamilton, Montana, presents a compelling redevelopment opportunity. Located on Highway 93/1st Street, this 1.117-acre site boasts 36,780 square feet of commercial space across two, two-story buildings, currently at 8% occupancy with a lease expiring February 28, 2026. The property features 61 parking spaces and is zoned B, offering flexibility for various uses. The asking price is $3,000,000, translating to $81.57 per square foot. Land value is estimated at $60-$62 per square foot. The existing 2,800 square foot building is fully leased, but a distillery concept is available. This high-traffic location offers significant potential for value-add improvements and increased rental income. The property's prominent position along Highway 93 ensures high visibility and accessibility, making it ideal for a diverse range of businesses. The existing structure provides a solid foundation for renovation or repurposing, while the ample land allows for expansion or the addition of new structures. This is a rare opportunity to acquire a substantial commercial property in a thriving Montana community. The property includes five units and a net rentable area of 36,000 square feet. The current lease is a NNN single tenancy with 1.3 years remaining. The property's APN is 000462700 and is owned by an LLC.