12 3Rd StGreat Falls, MT 59404

Property Details for 12 3Rd St

Year built

1995

Construction

WOOD

Lot size

2.35 AC

Property size (Sq ft)

21,573 SF

Property type

Banks

APN

02-3015-02-3-03-06-0000

APU

2301502303060000

Description

This exceptional 2,795 square foot office space is ideally situated in Great Falls, Montana, at 12 3rd Street NW #150. Located in a high-traffic area within a professional building, this single-tenant space boasts ample natural light despite its lower-level location, thanks to large windows. Currently featuring an open floor plan, the space offers excellent flexibility for customization to meet specific business needs. The building provides secure fob access, elevator access, a shared conference room, and abundant parking. Conveniently located common area restrooms are available on the lower level. Building and pylon signage opportunities are negotiable. The attractive lease rate is all-inclusive, encompassing utilities, CAM charges, taxes, and insurance. Tenant responsibilities are limited to internet/cable and interior janitorial services. The property sits on a substantial 102,180 square foot lot (APN: 02301502303060000) and is part of a building with professional co-tenants. This is a fantastic opportunity for a business seeking a well-appointed, convenient, and cost-effective office space in a thriving location. The property is zoned for traditional office use.

• CAP approach

  CAP return

  Valuation

  6%

  $5,825,866

  6.5%

  $5,377,722

  7%

  $4,993,599

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,590,940

  Geo Method

  $11,590,940

• Alternative Use

  Use

  Valuation

  Residential

  $4,536,310

  Hospitality

  $4,155,235

  Educational

  $3,457,107

  Medical

  $3,576,002

  Retail

  $5,377,722

Location Insight

City

Great Falls

County

Cascade

State

Montana

Latitude

47.5087

Longitude

-111.318

CBSA code

24500

CBSA name

GREAT FALLS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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