3101 Montana AveHelena, MT 59601

Property Details for 3101 Montana Ave

Year built

1992

Construction

WOOD

Lot size

10.86 AC

Property size (Sq ft)

126,011 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

05-1888-17-3-01-01-0000

APU

5188817301010000

Description

This exceptional single-tenant retail building, located at 3101 N Montana Ave, Helena, MT 59601, offers a rare opportunity for a large-scale retail operation. The 118,943 square foot building sits on a substantial 10.86-acre lot, providing ample space for expansion or future development. Built in 1992, this Class B property features a single story and offers 541 parking spaces, ensuring convenient access for customers and employees. The property is zoned B-2, allowing for a variety of retail uses. Its strategic location at the intersection of North Montana Avenue and East Custer Avenue, adjacent to Interstate 15, provides unparalleled visibility and accessibility. The building boasts four overhead loading bays, ideal for efficient logistics and deliveries. The property's prominent location within a thriving retail corridor, coupled with the expanding nearby residential neighborhoods, guarantees a strong customer base. The large footprint allows for flexible space configurations, ranging from approximately 1,500 square feet to the entire 118,943 square feet. Excellent signage opportunities are available, ensuring maximum brand visibility from the adjacent Interstate 15 exit ramp. This property presents a unique chance to establish a significant retail presence in a high-traffic area of Helena, Montana. The APN is 05-1888-17-3-01-01-0000.

• CAP approach

  CAP return

  Valuation

  6%

  $33,126,784

  6.5%

  $30,578,570

  7%

  $28,394,386

• Comparable approach

  Method

  Valuation

  Relative Method

  $67,704,352

  Geo Method

  $67,704,352

• Alternative Use

  Use

  Valuation

  Residential

  $25,794,168

  Hospitality

  $23,627,320

  Educational

  $19,657,652

  Medical

  $20,333,710

  Retail

  $30,578,570

Location Insight

City

Helena

County

Lewis And Clark

State

Montana

Latitude

46.6174

Longitude

-112.019

CBSA code

25740

CBSA name

HELENA, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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