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1900 N LAST CHANCE GULCH, HELENA MT 59601

$1,395,000



12 unit commercial building with varying unit sizes to accommodate different types of businesses.  Long term tenants with only 2 units vacant. Filling the remaining 2 units will increase return on this investment to nearly 10% cap rate with a current cap rate of 7.95%. Current owner has maintained the building nicely for several years and is filling the current vacancies. One tenant is a dispensary, but we have a bank willing to look at financing the next owner with dispensary tenant in place. Other tenants include: commercial kitchen, professional photographer, salon. The B-2 (general commercial) district provides for compatible residential uses and a broad range of commercial and service uses that serve large areas of the City and that are normally required to sustain a community. High traffic count with mountain views. Close to campus and downtown Keywords: 1900 N Last Chance Gulch, Helena MT 59601, Helena, MT, Other Counties/State, 12M – Other Montana Counties, Lewis and Clark County, Subdivision, CommercialSale, Building, Commercial MLS# 380553


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Christy Delger
Christy Delger
BROKER / REALTOR
406-581-8781
christydelger@gmail.com
Craig Delger
Craig Delger
BROKER / REALTOR
406-581-7504
craigdelger@gmail.com



I am interested in 1900 N Last Chance Gulch, Helena MT 59601.








  • SQ FEET

    11712

  • YEAR BUILT

    1949

  • ACRES

    0.275

  • Price: $1,395,000 
  • Status: Active 
  • Type: Building, Commercial 
  • Property Search Type: CommercialSale 
  • MLS#: 380553 
  • Address: 1900 N Last Chance Gulch, Helena MT 59601 
  • City: Helena 
  • Zip: 59601 
  • Property Area: 12M - Other Montana Counties 
  • Acres: 0.275 
  • Year Built: 1949 
  • Square Feet: 11712 
  • Heating/Cooling: ForcedAir  
  • Utility Services: ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable 
  • Listing Date: 2023-02-28 
  • Listing Agent: Justin Joyner of Montana Land Buyer Realty 
  • Search Terms: 1900 N Last Chance Gulch, Helena MT 59601, Helena, MT, Other Counties/State, 12M - Other Montana Counties, Lewis and Clark County, Subdivision, CommercialSale, Building, Commercial