For Sale
$3,200,000

3 6Th StGreat Falls, MT 59401

Prime location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional mixed-use property at 3 6th Street N, Great Falls, MT 59401, presents a compelling redevelopment opportunity in a vibrant downtown location. Boasting 80,000-83,000 square feet on a 14,985 square foot lot, this 1914-built structure offers significant potential for a variety of uses, including retail, residential, or office spaces. Its strategic location guarantees high visibility and substantial daily foot traffic, capitalizing on the area's economic vitality. Surrounding the property are thriving healthcare facilities, robust manufacturing sectors, and bustling retail establishments. This Qualified Opportunity Zone (QOZ) property is eligible for significant tax incentives under the Tax Cuts and Jobs Act of 2017, including Historic Tax Credits and potential Tax Increment Financing (TIF). Further enhancing its appeal, the property's proximity to a major Northrop Grumman project (Sentinel ICBM) and a planned expansion of a renewable fuel refinery promises substantial long-term economic growth. The presence of a newly established medical school and two major regional healthcare centers further solidifies the area's economic strength. The asking price is $3,200,000, and the seller is open to discussing a lease for a portion of the renovated property, potentially creating an anchor tenant. This is a unique chance to be at the forefront of Great Falls' commercial resurgence.

Highlights

  • Qualified Opportunity Zone property.
  • Historic Tax Credits available.
  • Tax Increment Financing (TIF) potential.
  • Potential anchor tenant lease available.
  • Proximity to Northrop Grumman's GBSD Sentinel project (3,000+ jobs).
  • Near renewable fuel refinery expansion (3,000 barrels/day increase).

Property Details for 3 6Th St

Property type
Mixed-use properties
Square Feet
80,000 SF
Year Built
1914

Location Insight

City
Great Falls
County
Cascade
State
Montana
Latitude
47.5056116
Longitude
-111.2970655
3 6Th St, Great Falls, Montana

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3 6Th St
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