100 Main StCut Bank, MT 59427

  • Retail properties
  • 1,623 SF
For Sale
$229,000 View listing

Property Details for 100 Main St

Year built
1945
Construction
WOOD
Lot size
0.30 AC
Property size (Sq ft)
1,623 SF
Zone code
5
Property type
Retail properties
Property subtype
Auto shops
APN
38-4529-12-2-32-10-0000
APU
38452912232100000

Description

This exceptional mixed-use commercial property, situated at 100 E Main Street in Cut Bank, Montana, presents a compelling investment opportunity. Built in 1945, the property boasts a substantial 12,937 square foot lot, offering ample space for a variety of business ventures. Its prime Main Street location ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The existing structure provides a flexible open layout, adaptable to suit diverse business needs and designs. Convenient on-site parking is available for customers and employees. The asking price for this property is $229,000. This presents a rare chance to acquire a well-positioned commercial property in the thriving community of Cut Bank, Montana, with the potential for significant return on investment. The property's versatility makes it suitable for a range of uses, from retail to office space, or even a combination thereof. Its size and location make it an ideal platform for establishing a successful business in a desirable Montana town. The property is zoned for mixed-use, allowing for a variety of potential applications. This is a turnkey opportunity to own a piece of Cut Bank's vibrant commercial landscape. The property's age provides a solid foundation for future development and customization.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $449,852
    6.5%
    $415,248
    7%
    $385,588
  • Comparable approach

    Method
    Valuation
    Relative Method
    $872,020
    Geo Method
    $872,020
  • Alternative Use

    Use
    Valuation
    Residential
    $350,277
    Hospitality
    $320,852
    Educational
    $266,945
    Medical
    $276,126
    Retail
    $415,248
100 Main St, Cut Bank, Montana

Location Insight

City
Cut Bank
County
Glacier
State
Montana
Latitude
48.6353
Longitude
-112.331

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
$4,915
-
-
$284,143
-
$41,073
$243,070
$284,143

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