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31483013
31483032

1531 National Avenue, Helena, MT 59601

TW
MT RRE-BRO-LIC-98724
Coldwell Banker Commercial Green & Green
MR
RRE-RBS-LIC-101740
Coldwell Banker Commercial Green & Green
Listed by Coldwell Banker Commercial Green & Green
$999,000
62 days on market
Updated 2 days ago

Historic Flex Building

Details
APN 05188830134100000
Property Type Retail
Sub Type Storefront
Square Footage 14,338
Net Rentable (SqFt) 14,338
Units 1
Tenancy Vacant
Pro-Forma Cap Rate 8.00%
Price per SqFt $70
Broker Co-Op Yes
Class C
Year Built 1885
Year Renovated 2015
Buildings 1
Stories 2
Acreage 0.260
Zoning Commercial
Ceiling Height 11
Ownership Non-Profit Corporation

Flex Building Ideal as Artisan Shop, Retail Building, Art, Etc.

Marketing description

Two-story open-span flex building for sale. The building was originally constructed in 1885, and the building has undergone significant improvements following a fire in 2015 including: new electrical panels and fixtures, new blown-in attic insulation, a new metal roof, a new drywall ceiling, and structural reinforcements per engineering guidelines. With the building's stone walls, tall ceilings, and timber beams, it would work great as a retail store, artisan shop, art, and beyond. The building is approximately 14,338 square feet and has a freight elevator that serves the main floor and basement. The main floor has 11' ceilings, an open layout, and was most recently used for retail. The basement level has 9' ceilings, a fire suppression system, a sump pump, and was previously used for woodworking. The property has an asphalt drive-up parking lot which provides direct ground level access into the building. Located in central Helena’s Grand Avenue Addition.

Investment highlights

Beautiful stone walls and timber beams

Good ceiling heights on main level and basement

Main level has concrete floors

Fire-prompted engineering review confirmed structural integrity

Formerly worked great as the Habitat for Humanity ReStore

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Listing Contacts

TW
MT RRE-BRO-LIC-98724
Coldwell Banker Commercial Green & Green
MR
RRE-RBS-LIC-101740
Coldwell Banker Commercial Green & Green
Listed by Coldwell Banker Commercial Green & Green

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Additional Information

Name
Tyler Warne, CCIM
License
RRE-BRO-LIC-98724
Brokerage Phone
4064421736
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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