51015 Us Highway 93Polson, MT 59860

Property Details for 51015 Us Highway 93

Year built

1972

Construction

WOOD

Lot size

0.26 AC

Property size (Sq ft)

810 SF

Property type

Retail properties

Property subtype

Retail space

APN

15-3228-02-3-05-04-0000

APU

15322802305040000

Description

This exceptional commercial property, located at 51015 US Hwy 93 in Polson, Montana, presents a compelling investment opportunity. Situated on a 0.55-acre lot, the property boasts highway frontage with exceptional visibility, ensuring high traffic exposure. The existing structure, built in 1972, comprises two units, both currently leased with a strong rental history extending through September 2026. Leasehold information is available upon request. The property's strategic location near the Polson Golf Course (old #9) and its adjacency to a major arterial road guarantee significant current and future traffic counts. Recently annexed into the city, the property offers the potential for connection to city water, although it currently utilizes a private septic system. The property's zoning allows for commercial use, with restrictions on residential mixed-use as per HCZD regulations. Six additional lots abut the abandoned Montana Rail Link right of way. Detailed engineering information and a current survey are readily available. Showings require prior notice. This property offers numerous development possibilities and represents a strong investment opportunity due to its high visibility, existing income stream, and prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $224,473

  6.5%

  $207,206

  7%

  $192,405

• Comparable approach

  Method

  Valuation

  Relative Method

  $435,204

  Geo Method

  $435,204

• Alternative Use

  Use

  Valuation

  Residential

  $174,786

  Hospitality

  $160,103

  Educational

  $133,204

  Medical

  $137,785

  Retail

  $207,206

Location Insight

City

Polson

County

Lake

State

Montana

Latitude

47.6928

Longitude

-114.131

Property Tax & Assessments

FAQs

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