3000 Canyon Ferry RdEast Helena, MT 59635

Property Details for 3000 Canyon Ferry Rd

Year built

1998

Construction

WOOD

Lot size

0.65 AC

Property size (Sq ft)

1,800 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

05-1888-13-3-02-03-0000

APU

5188813302030000

Description

This turnkey restaurant opportunity in East Helena, Montana, is priced at $270,000. The 1,690 square foot, Class A space, built in 1998 and renovated in 2022, sits on a 0.65-acre corner lot with ample parking. The property includes all fixtures, furniture, and equipment (FF&E), a liquor license, and a leasehold interest. The interior boasts a spacious dining room with seating for 48, a bar with 5 seats, and a modern kitchen featuring four fryers, a 60-inch flat-top grill, a two-burner cooktop, extensive refrigeration, and a separate office. Back-of-house amenities include a dish area, prep space, a large freezer and cooler, washer/dryer, ice machine, and soda system. Exterior features include a 20-foot insulated storage container and additional outdoor space suitable for expanded seating. The property benefits from high traffic counts (9,600 and 4,400 vehicles per day on Canyon Ferry and Wylie Drive, respectively), and is conveniently located near a busy convenience store, five minutes east of Helena and four minutes north of East Helena. The property is zoned for County Mixed Use. The leasehold interest is vacant. This is an exceptional opportunity to capitalize on the growing East Helena market. APN: 0000037857.

• CAP approach

  CAP return

  Valuation

  6%

  $473,198

  6.5%

  $436,799

  7%

  $405,599

• Comparable approach

  Method

  Valuation

  Relative Method

  $967,121

  Geo Method

  $967,121

• Alternative Use

  Use

  Valuation

  Residential

  $368,456

  Hospitality

  $337,504

  Educational

  $280,799

  Medical

  $290,456

  Retail

  $436,799

Location Insight

City

East Helena

County

Lewis And Clark

State

Montana

Latitude

46.6172

Longitude

-111.935

CBSA code

25740

CBSA name

HELENA, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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