110 Main StCut Bank, MT 59427

Property Details for 110 Main St

Year built

1953

Construction

WOOD

Lot size

0.30 AC

Property size (Sq ft)

16,060 SF

Zone code

1

Property type

Retail properties

Property subtype

Retail space

APN

38-4529-12-2-32-09-0000

APU

38452912232090000

Description

This exceptional commercial property, formerly a JCPenney, presents a unique leasing or sales opportunity. The building boasts a substantial 16,060 square feet of versatile space, ideal for a variety of business uses. Situated on a 12,981 square foot lot, this single-tenant building offers significant potential for growth and expansion. The property is zoned commercial, ensuring flexibility for a wide range of business ventures. The building's ample square footage allows for creative layout configurations to suit individual business needs. Whether seeking a long-term commitment or a shorter-term lease, this property offers adaptability. This is a remarkable opportunity to establish a strong business presence in a well-located commercial area. The property is also available for sale under MLS# 30012844, providing an alternative investment option. The property's single-suite configuration simplifies management and occupancy. Its convenient location and substantial size make it an attractive proposition for businesses seeking a prominent and functional space. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this exceptional commercial property. The Assessor's Parcel Number (APN) is 38452912232090000.

• CAP approach

  CAP return

  Valuation

  6%

  $4,451,402

  6.5%

  $4,108,987

  7%

  $3,815,488

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,628,865

  Geo Method

  $8,628,865

• Alternative Use

  Use

  Valuation

  Residential

  $3,466,084

  Hospitality

  $3,174,914

  Educational

  $2,641,492

  Medical

  $2,732,336

  Retail

  $4,108,987

Location Insight

City

Cut Bank

County

Glacier

State

Montana

Latitude

48.6351

Longitude

-112.331

Property Tax & Assessments

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