603 & 605 8th Avenue N

Located just off the northeast end of Gibson Park!!!! Urban infill development opportunity in central Great Falls. The property includes approximately 0.53 acres of level land within city limits and is zoned M-2 Mixed-Use Transitional, offering flexibility for multifamily, mixed-use, commercial, and other qualifying uses. The property is located within a federally designated Opportunity Zone, which may provide potential tax advantages for qualifying investors and projects. Buyers should consult their own tax and legal advisers regarding eligibility and available benefits. A preliminary seller-commissioned concept explores an approximately 18-unit residential building on the site. The concept is intended only to illustrate one potential development approach. Final unit count, building configuration, parking, access, density, utilities, and entitlement requirements must be independently verified by the buyer with the City of Great Falls and the buyer’s design team. The site is located near Gibson Park, Elks Riverside Park, the Missouri River trail system, downtown Great Falls, and established residential neighborhoods. Its central location provides convenient access to employment, recreation, government services, and major transportation routes. Great Falls is entering a period of significant new investment and employment growth, including major industrial expansion by Janicki Industries and continued regional infrastructure and defense-related development. Property highlights include approximately 23,185 square feet of land, M-2 Mixed-Use Transitional zoning, federally designated Opportunity Zone location, a level infill site, public water and sewer, no HOA, a preliminary 18-unit residential concept, and possible seller financing for a qualified purchaser. Survey information, concept materials, zoning information, and available site documents can be provided upon request. Offered at $249,000.