420 Main StThree Forks, MT 59752

Property Details for 420 Main St

Year built

1946

Construction

WOOD

Lot size

0.48 AC

Property size (Sq ft)

4,672 SF

Zone code

6

Property type

Showrooms

APN

06-1105-25-3-11-01-0000

APU

6110525311010000

Description

This exceptional mixed-use commercial property, located at 420 S Main Street in Three Forks, Montana, presents a rare investment opportunity. The property boasts a substantial 4,700+ square feet of heated shop space, ideal for a variety of uses. The shop features office space, a well-ventilated and brightly lit paint room, oversized overhead doors, and three-phase electrical service. Adding to its versatility, a comfortable three-bedroom, one-bathroom apartment is situated on the property, providing immediate rental income potential or live-work capabilities. The shop also includes a wood stove and natural gas heater, concrete floors, and a secure, unheated dry storage area. The building exterior has been recently updated, enhancing curb appeal. The property sits on six city lots, totaling 21,000 square feet. Four of these lots offer ample parking, additional storage space, or potential for future development. This property's diverse functionality makes it suitable for a wide range of businesses, including live/work arrangements, rental income generation, manufacturing, light industrial operations, storage, or future expansion. Built in 1946, this property is priced at $700,000 and offers endless possibilities for the discerning investor. The property's prime location on South Main Street in Three Forks, Montana, zip code 59752, ensures high visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $1,228,213

  6.5%

  $1,133,735

  7%

  $1,052,754

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,510,215

  Geo Method

  $2,510,215

• Alternative Use

  Use

  Valuation

  Residential

  $956,348

  Hospitality

  $876,010

  Educational

  $728,830

  Medical

  $753,895

  Retail

  $1,133,735

Location Insight

City

Three Forks

County

Gallatin

State

Montana

Latitude

45.8904

Longitude

-111.553

CBSA code

14580

CBSA name

BOZEMAN, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].