18 4Th StGreat Falls, MT 59401

  • Office buildings
  • 9,760 SF
For Sale
$799,000 View listing

Property Details for 18 4Th St

Year built
1930
Construction
WOOD
Lot size
0.34 AC
Property size (Sq ft)
9,760 SF
Property type
Office buildings
APN
02-3015-12-2-20-08-0000
APU
2301512220080000

Description

This exceptional mixed-use property at 18 4th Street N in Great Falls, Montana, presents a unique investment opportunity. Built in 1930, this 9,760 square foot building sits on a 0.344-acre lot in the heart of downtown. The property boasts 12-foot ceilings and central air conditioning, creating a comfortable and inviting atmosphere. Meticulously maintained and updated throughout its history, it seamlessly blends original character with modern conveniences. Its prime location directly across from a city parking garage ensures excellent accessibility for patrons and employees. The high visibility and high-traffic area make it ideal for a variety of uses, including professional offices, retail spaces, or a restaurant. This versatile building offers significant potential for a thriving business. The asking price is $799,000. Lease options are also available. The property's address is verified as 18 4th Street North, Great Falls, MT 59401, within Cascade County.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,032,080
    6.5%
    $1,875,760
    7%
    $1,741,780
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,080,930
    Geo Method
    $2,080,930
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,737,320
    Retail / Commercial
    $1,907,790
    Mixed-Use / Specialty
    $1,894,140
    Hospitality / Lodging
    $1,380,760
    Institutional / Educational
    $1,966,700
    Residential Income
    $2,301,040
    Multifamily
    $2,797,690
    Automotive / Energy
    $1,685,740
    Parking / Income-Based Land
    $588,493
    Restaurant / Food Service
    $970,550
    Healthcare / Senior Housing
    $1,949,430

Location Insight

City
Great Falls
County
Cascade
State
Montana
Latitude
47.5061
Longitude
-111.301
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
$11,618
-
-
$631,900
-
$96,750
$535,150
$631,900

FAQs

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