225 N 8th St - Commercial LAND FOR SALE


Hamilton, MT 59840 201,247 SF
$2,400,000 USD
406-203-3950
225 N 8th St, Hamilton, MT for Sale
$2,400,000 USD
Commercial LAND - FOR SALE
1/18
201,247 SF

225 N 8th St
Hamilton, MT 59840


HIGHLIGHTS

  • Located near downtown Hamilton and Marcus Daly Hospital
  • Entitled for up to 144 Units
  • Zoning & CUP allows senior living, multifamily, or build-to-rent townhomes.
  • Rare Large-Scale, Shovel-Ready Parcel
  • City of Hamilton Water & Sewer at Property Line

OVERVIEW

SterlingCRE Advisors is pleased to present a fully entitled residential development opportunity in Hamilton, Montana. The property is zoned PS – Professional Services, which allows residential development at a base density of approximately 15 dwelling units per acre. Importantly, the site is further entitled under an approved Conditional Use Permit (CUP #2022-04) that authorizes development of up to 144 multifamily units, providing a meaningful density increase beyond the underlying zoning. This existing CUP positions the property as a highly compelling opportunity for multifamily or senior housing developers seeking a clear entitlement path and the ability to maximize unit count. With water and sewer available at the property line, the site offers reduced development risk and an accelerated timeline to construction. Located in a growing community with consistent residential demand, this shovel-ready parcel allows developers to capitalize on approved high-density entitlements without the uncertainty of a new CUP process. The combination of established zoning, approved multifamily density, and immediate infrastructure access creates a rare opportunity in the Hamilton market. With proximity to schools, healthcare, retail, and outdoor recreation, the site is well positioned to support a successful multifamily project serving a broad tenant base. The approved 144-unit entitlement, coupled with strong local fundamentals, makes this one of the most attractive multifamily development opportunities currently available in the Bitterroot Valley.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/ACRE

$519,481/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Infill Development Site Entitled for 144 Unit

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family, Apartment Units, Apartment Units - Senior, Medical, Rehabilitation Center

LAND ACRES

4.62 AC

LAND SF

201,247 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas

ZONING

PS-Professional Services

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Matt Mellott, SIOR | CCIMSterling CRE AdvisorsMore Info
406-203-3950

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Matt Mellott, SIOR | CCIMSterling CRE AdvisorsMore Info
406-203-3950

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.