www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
29388495
29388497

521 W Main St, Lewistown, MT 59457

N&
MT RRE-BRO-LIC-45772
Northwest Realty & Auction
Listed by Northwest Realty & Auction
$650,000
134 days on market
Updated 134 days ago

Historic Downtown Lewistown Commercial Building

Details
Property Type Business for Sale, Mixed Use (+2)
Sub Type Creative Office, Shopping Center (+1)
Square Footage 17,950
Price per SqFt $36
Lot Size (SqFt) 10,000

Business for Sale | 17,950 SqFt

Marketing description

Historic Downtown Lewistown Commercial Building

17,950± Total Square Feet | Main Street Frontage | National Register of Historic Places

Steeped in history yet thoughtfully modernized for today’s business needs, this exceptional downtown Lewistown commercial property offers nearly 18,000 square feet of functional, flexible space across three levels, all on a Main Street in lot measuring just under 10,000 square feet.

Property Overview

  • Total Building Size: 17,950± Sq. Ft.

    • 7,500± Sq. Ft. Basement

    • 7,500± Sq. Ft. Main Floor

    • 2,950± Sq. Ft. Second Story

  • Lot Size: 0.229 acres (approx. 9,975 sq. ft.)

  • Zoning: Central Business District

  • Utilities: City water and sewer

  • Roof: Rubber commercial roof coating

  • Parking: On-street and alley access parking

  • Concrete Foundation and Brick Construction

Interior Features

Originally constructed in 1917 as a Montgomery Ward showroom, the building retains much of its early 20th-century character, including the grand staircase, visible the moment you step inside. Many of the offices and workspaces were updated in the 1990s, providing clean, functional layouts while preserving the building’s integrity.

  • Drop ceilings with recessed fluorescent lighting

  • Updated ADA-accessible restrooms on the main floor

  • Freight elevator accessible from the alley — serving basement to second floor

  • Average utility cost approx. $1,300/month

  • Stamped metal ceiling tiles remain intact above the dropped ceiling — visible from the second floor

Historic Significance

This property is listed on the National Register of Historic Places and holds a unique place in Lewistown’s story. In 1914, the site sparked lively civic debate when chosen for the new U.S. Post Office. Designed by local architects Wasmansdorff and Eastman, the building has hosted everything from a post office and confectionery to bowling alleys and billiard rooms. Since 1958, it has served as home to one of Montana’s longest-running newspapers, the Lewistown News-Argus, whose print operations and staff continue to occupy the building today.

Highlights

  • Prime Main Street frontage in the heart of Lewistown’s business district

  • Functional layout suitable for retail, office, or mixed-use commercial

  • Freight elevator and basement storage ideal for logistics or production use

  • Historic charm with modern functionality

  • Long-term, established tenant occupancy


Listing Contacts

N&
MT RRE-BRO-LIC-45772
Northwest Realty & Auction
Listed by Northwest Realty & Auction

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Northwest Realty & Auction
License
RRE-BRO-LIC-45772
Brokerage
Northwest Realty & Auction
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591