3 Main StEast Helena, MT 59635

Property Details for 3 Main St

Year built

1919

Construction

WOOD

Lot size

0.29 AC

Property size (Sq ft)

2,548 SF

Property type

Retail properties

Property subtype

Bars

APN

05-1888-25-4-10-01-0000

APU

5188825410010000

Description

This exceptional mixed-use property, located at 3 E Main Street in the heart of East Helena, Montana, presents a unique investment opportunity. The building, constructed in 1919, boasts approximately 5,096 square feet of interior space situated on a sizable 12,415 square foot lot (approximately 0.285 acres). The property features 8-12 foot wall heights, providing ample space for a variety of commercial uses. The 2023 property taxes were $4,462.37. The high-traffic location benefits from an impressive 2022 Average Annual Daily Traffic (AADT) count of 2,565 vehicles. The property is zoned Downtown Commercial

• CAP approach

  CAP return

  Valuation

  6%

  $669,839

  6.5%

  $618,313

  7%

  $574,148

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,369,013

  Geo Method

  $1,369,013

• Alternative Use

  Use

  Valuation

  Residential

  $521,570

  Hospitality

  $477,755

  Educational

  $397,487

  Medical

  $411,157

  Retail

  $618,313

Location Insight

City

East Helena

County

Lewis And Clark

State

Montana

Latitude

46.5892

Longitude

-111.921

CBSA code

25740

CBSA name

HELENA, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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