1 Eisenhower StRonan, MT 59864

Property Details for 1 Eisenhower St

Year built

1960

Construction

WOOD

Lot size

0.48 AC

Property size (Sq ft)

4,950 SF

Zone code

5

Property type

Retail space

APN

15-2987-02-1-06-04-0000

APU

15298702106040000

Description

This exceptional 6,500 square foot commercial building, situated on a 0.48-acre lot at 1 Eisenhower Street SW in Ronan, Montana, presents a unique investment opportunity. Boasting classic 1960s ranch-style architecture with post-and-beam verandas and ornate cedar siding, the property features 10-foot ceilings throughout two-thirds of its space. A highlight is the stunning 740 square foot stage complete with ballet rails, mirrors, and a 240 square foot dance floor. The building is divided into six distinct rental spaces, one of which opens onto a charming lawn, garden, and patio area enhanced by mature poplars, evergreens, and cedar fencing. An 8x10 portable stage further adds to the property's versatility. Located midway between Missoula and Kalispell, this property enjoys a prime location, just 20 minutes from Flathead Lake and the Bison Range, and 90 minutes from Glacier National Park. High visibility is ensured by its proximity to US Highway 93 South, further amplified by a new electronic reader board at the nearby stoplight. The building currently houses a diverse mix of tenants, including a Western Montana Musicians Co-operative, a Montana Co-op focused on healthy living, three family counselors, and an internet provider. The Montana Co-op utilizes the building's fully equipped commercial kitchen and plans to open a health food store and cafe. The property's strong community focus and strategic location make it an attractive investment for buyers interested in both social impact and financial return. The average daily traffic count on US Highway 93 South is approximately 12,000 vehicles.

• CAP approach

  CAP return

  Valuation

  6%

  $1,336,727

  6.5%

  $1,233,902

  7%

  $1,145,766

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,659,582

  Geo Method

  $2,659,582

• Alternative Use

  Use

  Valuation

  Residential

  $1,040,842

  Hospitality

  $953,406

  Educational

  $793,223

  Medical

  $820,503

  Retail

  $1,233,902

Location Insight

City

Ronan

County

Lake

State

Montana

Latitude

47.5237

Longitude

-114.098

Property Tax & Assessments

FAQs

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