1815 Central AveGreat Falls, MT 59401

Property Details for 1815 Central Ave

Year built

1935

Construction

WOOD

Lot size

0.34 AC

Property size (Sq ft)

1,230 SF

Property type

Retail space

APN

02-3016-07-2-24-05-0000

APU

2301607224050000

Description

This exceptional Great Falls retail property, located at 1815 Central Avenue, offers a unique blend of commercial and residential space. The 1935-built building boasts a welcoming retail storefront featuring a large flower cooler, perfect for showcasing floral arrangements. Attached is a substantial 2,500 square foot greenhouse, ideal for cultivating a diverse range of plants year-round. A partially remodeled basement apartment provides additional living space or income potential. The property sits on a spacious 14,985 square foot double city lot, offering ample off-street parking – a rare advantage in this bustling area. The prime Central Avenue location ensures high foot traffic and visibility, making it an ideal spot for a thriving business. The asking price is $350,000. This turnkey operation presents a fantastic opportunity for both established florists and aspiring entrepreneurs seeking a well-established business in a vibrant community. The property's combination of retail space, greenhouse, and residential apartment offers significant versatility and potential for growth. Don't miss this chance to acquire a well-positioned, established business with significant upside.

• CAP approach

  CAP return

  Valuation

  6%

  $332,166

  6.5%

  $306,614

  7%

  $284,713

• Comparable approach

  Method

  Valuation

  Relative Method

  $660,866

  Geo Method

  $660,866

• Alternative Use

  Use

  Valuation

  Residential

  $258,641

  Hospitality

  $236,914

  Educational

  $197,109

  Medical

  $203,888

  Retail

  $306,614

Location Insight

City

Great Falls

County

Cascade

State

Montana

Latitude

47.5055

Longitude

-111.275

CBSA code

24500

CBSA name

GREAT FALLS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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