2 6Th AvePolson, MT 59860

Property Details for 2 6Th Ave

Year built

1945

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

1,045 SF

Property type

Office buildings

APN

15-3228-04-4-03-11-0000

APU

15322804403110000

Description

This charming 1,045 sq ft mixed-use commercial property, located at 2 6th Avenue E in downtown Polson, Montana, presents a unique investment opportunity. Built in 1945, the building sits on a 3,485 sq ft lot and offers five separate office spaces, a large lobby/sitting area, a kitchen, and a half bathroom. Previously used as a therapy office, the layout is versatile and suitable for a variety of commercial businesses. The property includes a separate storage unit and a backyard area, complemented by convenient street parking. Its prime location off Main Street in Polson provides excellent visibility and accessibility. The asking price is $345,000. This property offers significant potential for both owner-occupancy and rental income, representing a rare find in the Polson real estate market. The property's convenient location and versatile layout make it an attractive investment for those seeking a strong return on investment in a thriving Montana community. The building's solid construction and existing infrastructure provide a solid foundation for future growth and adaptation to various business needs. This is a chance to acquire a well-situated commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $191,990

  6.5%

  $177,222

  7%

  $164,563

• Comparable approach

  Method

  Valuation

  Relative Method

  $222,804

  Geo Method

  $222,804

• Alternative Use

  Use

  Valuation

  Residential

  $219,755

  Hospitality

  $201,294

  Educational

  $167,475

  Medical

  $173,234

  Retail

  $260,516

Location Insight

City

Polson

County

Lake

State

Montana

Latitude

47.69

Longitude

-114.163

Property Tax & Assessments

FAQs

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