72 Castner StBelt, MT 59412
- Retail properties
- 6,000 SF
Property Details for 72 Castner St
- Year built
- 1896
- Construction
- WOOD
- Lot size
- 0.07 AC
- Property size (Sq ft)
- 6,000 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 02-2895-26-1-17-26-0000
- APU
- 2289526117260000
Description
This remarkable 9,000 square foot commercial building, located at 72 Castner Street in Belt, Montana's historic commercial district, presents a unique investment opportunity. Constructed in 1896 from locally quarried sandstone, this two-story structure stands as a testament to Belt's transition from a mining camp to a thriving town. Its architectural significance is undeniable, featuring an original pressed cornice, pediment, and storefront, all beautifully preserved. The building's metalwork proudly displays the date 1896 and the original business name, "BELT HARDWARE CO, HARNESS, FARM IMPLEMENTS and VEHICLES," showcasing its rich history. As one of the anchor buildings in the district, it retains a high degree of integrity and is considered a key contributing structure to Belt's historical landscape. The 0.06-acre lot provides ample space for various commercial uses. The building's substantial size and prime location within the historic district offer significant potential for adaptive reuse and redevelopment, making it an exceptional opportunity for investors seeking a piece of Montana history. The property is listed at $325,000. This is a rare chance to own a piece of Montana's vibrant past and shape its future.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,620,293
- 6.5%
- $1,495,655
- 7%
- $1,388,822
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,223,735
- Geo Method
- $3,223,735
-
Alternative Use
- Use
- Valuation
- Residential
- $1,261,641
- Hospitality
- $1,155,656
- Educational
- $961,492
- Medical
- $994,560
- Retail
- $1,495,655
Location Insight
- City
- Belt
- County
- Cascade
- State
- Montana
- Latitude
- 47.3875
- Longitude
- -110.928
- CBSA code
- 24500
- CBSA name
- GREAT FALLS, MT METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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