1512 Vaughn RdGreat Falls, MT 59404

Property Details for 1512 Vaughn Rd

Year built

1951

Construction

WOOD

Lot size

0.37 AC

Property size (Sq ft)

4,877 SF

Property type

Retail properties

Property subtype

Retail space

APN

02-3015-03-3-06-01-0000

APU

2301503306010000

Description

This 4,877 square foot mixed-use building, located at 1512 Vaughn Road in Great Falls, Montana, presents a unique investment opportunity. Built in 1951, this cinder block structure sits on a 0.37-acre lot with ample paved parking. Previously operating as a bar and later an antique mall (business sold separately), the property offers versatile potential. The existing layout includes a partial kitchen with stove, grill, and sink, making a return to a bar/casino concept feasible. Alternatively, the building could continue as an antique mall or be adapted for other commercial uses. The property includes a prominent monument sign frame. The building features a newer roof, two bathrooms in the main space, and two additional bathrooms that haven't been used in years. Heating is provided by two gas heaters in the basement, and cooling by two central air units on the roof. The basement is unfinished and not included in the 4,877 square foot measurement. The property is zoned C-2 commercial. Utilities include electricity and natural gas, with public water. Buyers are advised to independently verify all information and consult with the city regarding permitted uses. The asking price is $339,000. Financing options include cash and conventional loans.

• CAP approach

  CAP return

  Valuation

  6%

  $1,317,052

  6.5%

  $1,215,740

  7%

  $1,128,902

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,620,360

  Geo Method

  $2,620,360

• Alternative Use

  Use

  Valuation

  Residential

  $1,025,522

  Hospitality

  $939,373

  Educational

  $781,547

  Medical

  $808,426

  Retail

  $1,215,740

Location Insight

City

Great Falls

County

Cascade

State

Montana

Latitude

47.511

Longitude

-111.34

CBSA code

24500

CBSA name

GREAT FALLS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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