16 6Th StGreat Falls, MT 59401

Property Details for 16 6Th St

Year built

1945

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

1,800 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

02-3015-12-2-16-07-0000

APU

2301512216070000

Description

This exceptional mixed-use property at 16 6th Street S in Great Falls, Montana, presents a unique investment opportunity. Built in 1945, this 1,800 square foot building sits on a 5,500 square foot lot and offers a blend of historic charm and modern updates. The property features two ADA-compliant bathrooms and a significant advantage: a dedicated parking lot with ten spaces – a rare find in a vibrant downtown location. The interior boasts bright, open space ideal for a diverse range of businesses, from boutiques and restaurants to offices and retail spaces. The building's character is enhanced by exposed metal ductwork complementing the central air conditioning system, ensuring year-round comfort for occupants and customers. A striking all-glass "garage-style" door creates an inviting storefront, perfect for sidewalk sales or outdoor seating, maximizing street visibility and foot traffic. Recent upgrades include a new roof (installed April 24th), a new HVAC system, and three-phase electrical service, minimizing future maintenance concerns. Located in the heart of downtown Great Falls (zip code 59401), this property offers unparalleled access to the city's amenities and a thriving business community. The asking price is $470,000.

• CAP approach

  CAP return

  Valuation

  6%

  $486,096

  6.5%

  $448,704

  7%

  $416,654

• Comparable approach

  Method

  Valuation

  Relative Method

  $967,121

  Geo Method

  $967,121

• Alternative Use

  Use

  Valuation

  Residential

  $378,499

  Hospitality

  $346,703

  Educational

  $288,453

  Medical

  $298,373

  Retail

  $448,704

Location Insight

City

Great Falls

County

Cascade

State

Montana

Latitude

47.5044

Longitude

-111.298

CBSA code

24500

CBSA name

GREAT FALLS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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