1215 38Th StGreat Falls, MT 59405

  • Retail properties
  • 14,400 SF
For Sale
$1,925,000 View listing

Property Details for 1215 38Th St

Year built
1978
Construction
STEEL FRAME
Lot size
7.69 AC
Property size (Sq ft)
14,400 SF
Property type
Retail properties
Property subtype
Auto shops
APN
02-3016-04-2-01-10-0000
APU
2301604201100000

Description

This exceptional 14,600 square foot industrial manufacturing property in Great Falls, Montana, presents a compelling investment opportunity. Located at 1215 38th St N, 59405, this single-tenant, net-leased building sits on a 4.402-acre fully fenced and graveled lot. Constructed in 1978, the property boasts a well-maintained structure ideal for various manufacturing operations. The building includes 7,360 square feet of retail showroom and office space, complementing the ample production and storage areas. Multiple drive-through bays and an exterior yard dock enhance operational efficiency. Further enhancing its functionality are multiple crane systems and a wash bay. The property offers easy access to key transportation routes and local amenities. With a Net Operating Income (NOI) of $134,472 and an asking price of $1,925,000, this property presents a strong 6.99% capitalization rate. This is a rare opportunity to acquire a well-established, versatile industrial property in a thriving Montana market. The property is zoned for manufacturing use.

1215 38Th St, Great Falls, Montana

Location Insight

City
Great Falls
County
Cascade
State
Montana
Latitude
47.5199
Longitude
-111.24
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
$24,819
-
-
$1,291,500
-
$479,276
$812,224
$1,291,500

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