219 2Nd AveGreat Falls, MT 59405

  • Office buildings
  • 18,599 SF
For Lease
$12/SF/YR View listing

Property Details for 219 2Nd Ave

Year built
1914
Construction
WOOD
Lot size
0.29 AC
Property size (Sq ft)
18,599 SF
Property type
Office buildings
APN
02-3015-12-2-07-07-0000
APU
2301512207070000

Description

This exceptional Class A office space, located at 219 2nd Ave S in Great Falls, Montana, offers a unique blend of historic character and contemporary functionality. Situated on a 0.29-acre lot, this beautifully restored 1914 building underwent a complete renovation in 2014, seamlessly merging its original architectural details with modern upgrades. The 24,759 square foot building features a traditional office layout suitable for multiple tenants. Currently, one large, loft-style office space of 4,845 square feet is available. This expansive space boasts abundant natural light from large windows, showcasing exposed brick, timber beams, and polished wood flooring. The property's prime location in downtown Great Falls provides easy access to local amenities and transportation. Its distinct architectural presence makes it an ideal location for businesses seeking a prestigious and memorable address. The building is located in Cascade County, Montana, and has a zip code of 59405. This is a rare opportunity to lease a truly unique and well-maintained office space in a vibrant downtown setting. The property's combination of historical charm and modern conveniences makes it an attractive option for businesses seeking a distinctive and functional workspace.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,416,818
    6.5%
    $3,153,986
    7%
    $2,928,701
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,965,493
    Geo Method
    $3,965,493
  • Alternative Use

    Use
    Valuation
    Residential
    $3,910,942
    Hospitality
    $3,582,402
    Educational
    $2,980,516
    Medical
    $3,083,021
    Retail
    $4,636,358

Location Insight

City
Great Falls
County
Cascade
State
Montana
Latitude
47.5034
Longitude
-111.303
CBSA code
24500
CBSA name
GREAT FALLS, MT METROPOLITAN STATISTICAL AREA

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
$41,238
-
-
$3,175,800
-
$90,510
$3,085,290
$3,175,800

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].