301 E Park Ave - Storefront Retail/Office FOR SALE


Anaconda, MT 59711 | 
$625,000 USD
406-603-0833
301 E Park Ave, Anaconda, MT for Sale
$625,000 USD
Storefront Retail/Office - FOR SALE
1/46
null | Request Cap Rate

NEW


301 E Park Ave
Anaconda, MT 59711


HIGHLIGHTS

  • Fully leased mixed-use retail and office building.
  • Located within Anaconda's established downtown business district.
  • Three-story structure originally constructed in 1922.
  • Corner frontage enhances visibility and accessibility.
  • Commercial zoning supports continued business use.
  • Surrounded by local retail, service, and community destinations.

OVERVIEW

The Davidson — 1885 historic brick landmark in downtown Anaconda, Montana. Approximately 14,000 SF with five ground-floor commercial suites and premier storefront visibility on a walkable downtown block in an emerging, highly desirable Montana town. Occupied, income-producing, and offered as a turnkey commercial asset with meaningful upside. Building systems have been substantially updated: plumbing, heating, and electrical work completed within the last 25 years; newer roof. The second floor is partially remodeled, with electrical, HVAC, and most plumbing already in place, and is well suited for additional office space or conversion to approximately 14 apartments. One of Anaconda’s nicest and most distinctive historic downtown buildings, with a rich local history and irreplaceable brick architecture. Operates at an approximately 8% cap rate on a pro forma basis. Strong fit for 1031 exchange buyers seeking a manageable commercial property with in-place income and a clear value-add path upstairs. Located in an IRS Opportunity Zone. May be eligible for 25% federal/state historic tax credit programs. Local TIF funds are also available to support restoration of downtown Anaconda buildings. Buyer to independently verify square footage, unit mix, leases, zoning, Opportunity Zone status, historic-credit eligibility, and TIF availability.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$30 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Davidson

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1922

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

6

APN/PARCEL ID

30-1285-03-1-04-01-0000

ASK ABOUT THIS PROPERTY

Lucas NelsonMontana Ranch & CommercialMore Info
406-603-0833

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Lucas NelsonMontana Ranch & CommercialMore Info
406-603-0833

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