811 1St StHamilton, MT 59840
- Investment properties
- 1,568 SF
Property Details for 811 1St St
- Year built
- 1958
- Construction
- WOOD
- Lot size
- 0.27 AC
- Property size (Sq ft)
- 1,568 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 13-1467-36-1-10-02-0000
- APU
- 13146736110020000
Description
This mixed-use property at 811 S 1st Street, Hamilton, MT 59840, offers a compelling investment opportunity. Built in 1958, the building sits on an expansive 11,761 square foot lot and is currently listed at $495,000. The property boasts a highly desirable location on Hamilton's south side, benefiting from excellent traffic flow. Recent renovations within the last three months have modernized the space, presenting a fresh and updated aesthetic. The layout is adaptable, having previously housed two separate businesses and offering the potential for similar configurations in the future. Features include gas forced-air heating, ample off-street parking, two garage bays, a convenient handicap access ramp, two half-bathrooms, abundant natural light from numerous windows, and paved parking with alley access. The property is zoned for commercial use, providing flexibility for a variety of businesses. Owner financing options are available, contingent on acceptable terms and a substantial down payment. This is an exceptional chance to acquire a well-situated, versatile commercial property in a thriving Montana community.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $280,414
- 6.5%
- $258,844
- 7%
- $240,355
-
Comparable approach
- Method
- Valuation
- Relative Method
- $334,313
- Geo Method
- $334,313
-
Alternative Use
- Use
- Valuation
- Residential
- $320,966
- Hospitality
- $294,003
- Educational
- $244,607
- Medical
- $253,020
- Retail
- $380,500
Location Insight
- City
- Hamilton
- County
- Ravalli
- State
- Montana
- Latitude
- 46.2388
- Longitude
- -114.155
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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