Commercial For Sale: USA Montana Great Falls 1521 NW 1st Ave
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$2,500,000 USD

1521 NW 1st Ave
Great Falls, Montana 59404
USA
697.865 m2 :: 7,512 sqft
Commercial for Sale, Multi-Family Home
Land size: 0.48 ha :: 1.19 acres
Sale price per sqm: 3,582.24
Tax: 6,500 USD
CENTURY 21 Shea Realty
1760 Harrison Avenue
Butte, Montana 59701, United States
Phone: 4067235455

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Remarks:

Outstanding investment opportunity featuring a recently repositioned hospitality asset with strong in-place income and future upside. Originally constructed as a motel in 1954, the property was thoughtfully converted in 2025 into 23 Single Room Occupancy (SRO) units designed to accommodate both short-term and long-term tenants—creating diversified revenue streams and consistent demand. The property offers 23 private units, each with its own bathroom, and four units are equipped with convenient kitchenettes. Since commencing operations in October 2025, occupancy has remained strong, demonstrating solid market demand and operational stability. With a projected Net Operating Income of $183,000, this asset presents an attractive 7.5% capitalization rate. Seller financing is available for qualified buyers: $ 1,000,000 down payment; 7% interest rate; 5-year balloon. In addition, the Seller will provide a first-year rent guarantee equal to 80% of the property’s rent roll, adding an additional layer of security for investors. The current property management team will remain in place throughout the term of the seller financing. Cash Purchase Incentive: A 5% discount is available for an all-cash transaction. The attached Offering Memorandum provides additional financial details and supporting information.

Features:

  • Year Built: 1954
  • Waterfront: River
  • Utilities: City Water, City sewer

Location:

1521 NW 1st Ave, Great Falls, Montana 59404, USA
Listed By CENTURY 21 Shea Realty

The Commercial for Sale, Multi-Family Home located at 1521 NW 1st Ave, Great Falls, Montana 59404, USA is currently for sale. 1521 NW 1st Ave, Great Falls, Montana 59404, USA is listed for $2,500,000 USD. This property has 7,512 sqft. If the property located at 1521 NW 1st Ave, Great Falls, Montana 59404, USA isn't what you're looking for, search Montana Real Estate to see other Commercial For Sale in Great Falls.

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