840 Helena Avenue
Helena, MT 59601
MLS# 22118332
47195 sqft

840 Helena Avenue, Helena, MT 59601
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840 Helena Avenue, Helena, MT 59601 840 Helena Avenue, Helena, MT 59601 840 Helena Avenue, Helena, MT 59601 840 Helena Avenue, Helena, MT 59601 840 Helena Avenue, Helena, MT 59601 840 Helena Avenue, Helena, MT 59601 840 Helena Avenue, Helena, MT 59601 840 Helena Avenue, Helena, MT 59601 840 Helena Avenue, Helena, MT 59601

Property Description
Leased up 2 buildings, many updates and nothing to do except cash checks for the next 4+ years. This building has good rental history, more than 105 parking spaces, elevators and 3 floors in the N Warren building that can be built out with with good rental history and positive cashflow. Current leases go into 2026. Total gross rents are $59,110/month (gross leases). This property has huge potential and would be a magnificent placeholder for 1031 money. Numbers and taxes can be seen with NDA. Viewings must be during business hours and include listing agent and/or Building owner. Drive by and imagine the income generated with this beautiful building!! Call Tyler Warne at 406-465-9936 or your real estate professional today!

Contract Data
Current Price: $6,450,000
Property Sub-Type: Commercial
Listing Date: 2021-12-15
List Price: $6,450,000
List Price/SqFt: 136.67
Sellers Preferred Title Company: N/A
Agent Owned: No
REO/Bank Owned: No
Sold Data
Status: Active
Potential Short Sale: No
General Property Description
Location: 840 Helena Ave
Square Feet Estimate: Over 20000
Total Sq. Ft.: 47195
Number Of Units: 3
Year Built: 1920
Lot Acres: 1.56
Lot SqFt.: 67954
Waterfront: None
Legal and Taxes
Covenant: No
Zoning: PLI
Tax Year: 2021
Tax Remarks: to be assessed
Subdivision: CENTRAL ADDN NO 1
Legal: CENTRAL ADDN NO 1, S30, T10 N, R03 W, BLOCK 21, LOT1-14
School District: District No. 1
House Number: 840
Street Name: Helena
Street Suffix: Avenue
State: MT
Zip Code: 59601
County: Lewis and Clark
Country: United States
City Limits: Yes
Directions: Subject is located mid way between downtown and the 6th ward on the north side of the street. Second address faces N Warren.
Geo Lat: 46.594768
Geo Lon: -112.031238
Other: Brick
ADA Features
Other: ELevator
Parking Information
Number Of Stalls: 115
Other: 60+ on street of 115
Property Features
Terms Of Sale: Cash; Conventional
Offering: For Sale Bldg./Land
Present Usage: Office; Professional
Occupancy: Fully Leased
Gross Annual Income: $500,000 - $1 Mil
Age: Over 20 Years
Condition: Good
Stories Above Ground: Three Or More
Construction: Brick; Concrete; Stone; Wood/Frame
Floors: Carpeting; Concrete Slab; Tile; Wood
Foundation: Poured Concrete
Interior Wall Finish: Sheet Rock
Siding: Stucco
Roof: Asphalt Built-Up
Basement: Exit - Walk Up; Finished; Full
ADA Features: Automatic Door; Bath; Door Widths; Grab Bars; Hallway Widths; Ramp
Doors & Size: 8-9 Feet
Ceiling Height: 8-10 Feet
Parking Information: Paved; Street Parking
Road Frontage: City Street
Road Surface: Asphalt; Concrete; Sidewalks
Traffic Count: 2501 - 5000
Utilities: Cable TV Available; City Sewer; City Sewer Available; City Water; Community Water; Electric; Internet; Rural Water Dist; Telephone
HVAC: A/C Central Air; A/C Wall Unit; Gas Hot Water
Bldg. Improvement(s): Elevator; Fire Escape; Janitorial Service; Outside Storage; Security System; Sprinkler System; Ramp Dock
Lot Improvements: Paved Streets; Sidewalks; Street Lights
Exp. Paid By Owner: Electrical; Gas; Janitorial; Maintenance; Security; Sewer; Trash Pickup; Water
Possession: Tenant Rights
Environmental Phase: Unknown

Listing Office: Green & Green Realty

Listing Agent: Tyler Warne

Last Updated: December - 23 - 2021

840 Helena Avenue, Helena, MT 59601 - MLS# 22118332

IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.