406 Nucleus AveColumbia Falls, MT 59912
- Retail properties
- 2,970 SF
Property Details for 406 Nucleus Ave
- Year built
- 1965
- Construction
- WOOD
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 2,970 SF
- Zone code
- 1
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 07-4186-08-4-45-45-0000
- APU
- 7418608445450000
Description
This exceptional mixed-use storefront property at 406 Nucleus Avenue in Columbia Falls, Montana, presents a unique investment opportunity. The 2,970 square foot building, constructed in 1965, sits on a 0.14-acre lot and is currently operating as a thriving laundromat and dry cleaning business. The business boasts updated machinery and enjoys county-wide contracts, ensuring a strong and consistent revenue stream. High-speed internet access is available within the building. The interior features laminate flooring. The asking price is $1,299,000. A compelling aspect of this offering is the seller's willingness to provide owner financing with a substantial down payment of $350,000 and a five-year balloon payment. This presents a rare chance to acquire a profitable, established business with flexible financing terms in a desirable downtown location. The property's address is 406 Nucleus Avenue, Columbia Falls, MT 59912. This is an ideal opportunity for an investor seeking a turnkey operation with significant growth potential. The property is zoned for mixed-use, allowing for a variety of potential future uses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $823,352
- 6.5%
- $760,017
- 7%
- $705,730
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,595,749
- Geo Method
- $1,595,749
-
Alternative Use
- Use
- Valuation
- Residential
- $641,103
- Hospitality
- $587,247
- Educational
- $488,582
- Medical
- $505,385
- Retail
- $760,017
Location Insight
- City
- Columbia Falls
- County
- Flathead
- State
- Montana
- Latitude
- 48.3749
- Longitude
- -114.182
- CBSA code
- 28060
- CBSA name
- KALISPELL, MT MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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