For Sale
$5,100,000

3600 Montana AveHelena, MT 59602

19.57 acres, prime Helena location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 19.57-acre property, located at 3600 North Montana Ave in Helena, Montana, presents a remarkable investment opportunity. Currently zoned R-1 (Special County Zoning District), this land boasts a strategic location along a major commercial corridor, offering high visibility and convenient access to significant retailers such as Target, Lowe's, Costco, and Sportsman's Warehouse. The property's current use includes a 56-pad mobile home community known as "Pebble Gardens," providing immediate income potential. However, its expansive size and proximity to city services (to be verified by the buyer) present significant redevelopment possibilities. The potential exists to annex the remaining approximately 10.5 acres, allowing for expansion of the existing mobile home community or the creation of a mixed-use development. The high traffic count of 19,349 vehicles (2021 data) along this section of Montana Avenue ensures excellent visibility for retail and commercial ventures. This property offers a unique blend of existing income and substantial future development potential, capitalizing on Helena's robust real estate market, where the median home price has increased by 26.6% in the past year, reaching $447,551. The property is bordered on three sides by the city of Helena, further enhancing its development prospects. This is a rare opportunity to acquire a significant land parcel in a thriving Montana market. The asking price is $5,100,000.

Highlights

  • Helena's median home price surged 26.6% year-over-year, reaching $447,551.
  • 10.5± acres offer expansion potential for the existing mobile home community (MHC) or redevelopment as a mixed-use project along a major Helena thoroughfare.
  • City services are adjacent, with capacity to be verified by the buyer.
  • Currently county-zoned, but bordered on three sides by Helena city limits.
  • High visibility for commercial ventures: 19,349 (2021) vehicles daily pass nearby on Montana Ave, close to Target, Bob Ward's, Murdoch's, and other major retailers.

Property Details for 3600 Montana Ave

Property type
Land
Lot Size (sq. ft)
852,469 SF

Location Insight

City
Helena
County
Lewis and Clark
State
Montana
Latitude
46.62477
Longitude
-112.023809
3600 Montana Ave, Helena, Montana

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3600 Montana Ave
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