315 Center AveHardin, MT 59034

  • Retail properties
  • 11,604 SF
For Sale
$325,000 View listing

Property Details for 315 Center Ave

Year built
1955
Construction
WOOD
Lot size
0.24 AC
Property size (Sq ft)
11,604 SF
Property type
Retail properties
Property subtype
Retail space
APN
22-0934-23-1-05-04-0000
APU
22093423105040000

Description

This exceptional investment opportunity presents a thriving, recently renovated retail center located at 315 N Center Avenue in the heart of Hardin, Montana. The property encompasses approximately 10,500 square feet of retail space, complemented by a 1,000 square foot mezzanine level offering additional office space. Currently operating at full capacity, this indoor mall boasts a diverse and established tenant mix, including a deli, hair salon, nail and tanning salon, newspaper stand, floral shop, boutique, and coffee kiosk. The strong tenant occupancy ensures a consistent and positive cash flow, making this a highly attractive investment for discerning buyers. The 0.24-acre lot provides ample space for potential future expansion or outdoor amenities. The building's recent renovation ensures modern aesthetics and functionality, attracting a loyal customer base and contributing to the property's overall success. Financial records demonstrating the positive cash flow are available upon request. This is a rare opportunity to acquire a turnkey, high-performing retail property in a desirable Montana location. The established businesses and consistent revenue stream make this an ideal investment for those seeking a stable and profitable venture. Don't miss this chance to own a piece of Hardin's thriving commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,696,182
    6.5%
    $3,411,860
    7%
    $3,168,156
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,984,932
    Geo Method
    $2,415,981
  • Alternative Use

    Use
    Valuation
    Residential
    $2,878,032
    Hospitality
    $2,636,262
    Educational
    $2,193,339
    Medical
    $2,268,771
    Retail
    $3,411,860
315 Center Ave, Hardin, Montana

Location Insight

City
Hardin
County
Big Horn
State
Montana
Latitude
45.7319
Longitude
-107.605

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,126
-
-
$250,000
-
$15,979
$234,021
$250,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].