21 3Rd StGreat Falls, MT 59401

  • Other commercial real estate
  • 5,097 SF
For Lease
$18/SF/YR View listing

Property Details for 21 3Rd St

Year built
1914
Property size (Sq ft)
5,097 SF
Property type
Other commercial real estate
APN
02-3015-12-2-20-14-701A
APU
0230151222014701A

Description

This exceptional 2,499 square foot professional office condo, located in the heart of the city's central business district, presents a unique investment opportunity. Situated in an Opportunity Zone, this building, originally constructed in 1914, is undergoing a tasteful remodel. The property boasts a desirable C-4 zoning classification, allowing for a variety of uses, and even presents the possibility of build-to-suit options to meet specific tenant needs. Conveniently located, it offers the advantage of two paved, off-street parking lots, a rare find in this vibrant downtown area. The building's prime location places it directly across from the Post Office and within easy walking distance of numerous parks, restaurants, retail establishments, and schools. Inside, the space features two elevators for easy access to all floors, central air conditioning and heating for year-round comfort, and impressive 11-foot wall heights, creating a spacious and airy atmosphere. Each floor includes two well-appointed restrooms for the convenience of occupants. This is a truly remarkable opportunity to acquire a meticulously maintained and well-positioned professional office space in a thriving urban setting. The property is available for both sale and lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,071,782
    Hospitality
    $981,747
    Educational
    $816,802
    Medical
    $844,893
    Retail
    $1,270,581
21 3Rd St, Great Falls, Montana

Location Insight

City
Great Falls
County
Cascade
State
Montana
Latitude
47.5062
Longitude
-111.302
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
2024
$5,671
-
-
$427,238
-
$8,138
$419,100
$427,238

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