1900 Last Chance GulchHelena, MT 59601

Property Details for 1900 Last Chance Gulch

Year built

1949

Construction

WOOD

Lot size

0.28 AC

Property size (Sq ft)

8,368 SF

Property type

Office buildings

APN

05-1888-19-4-06-12-0000

APU

5188819406120000

Description

This exceptional 11,712 square foot commercial building in Helena, Montana, presents a lucrative investment opportunity. Located at 1900 N Last Chance Gulch, this 12-unit property boasts a diverse tenant mix, including a dispensary, commercial kitchen, professional photographer, and salon, ensuring consistent income. All units are currently leased, generating a strong 8.84% cap rate. Built in 1949, the building has been meticulously maintained and improved by the current owner. The property sits on an 11,979 square foot lot and is zoned B2 - Community Business, allowing for a variety of compatible uses. Its prime location offers high traffic counts, stunning mountain views, and proximity to both the city center and local campus. The asking price is $1,395,000, translating to $134.05 per square foot. Financing options are available, even with the existing dispensary tenant. This is a rare chance to acquire a well-established, high-performing commercial property in a desirable Montana location. The property's diverse tenant base and strong financial performance make it an ideal addition to any investment portfolio.

Location Insight

City

Helena

County

Lewis And Clark

State

Montana

Latitude

46.6045

Longitude

-112.026

CBSA code

25740

CBSA name

HELENA, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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