Commercial

1611 Cedar Street

Helena, MT 59601

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ActiveMLS® 30074360
$695,000
1611 Cedar Street, Helena, MT 59601
Bds Ba Sq.Ft. 0.23 Ac
Description

Excellent investment opportunity in Helena with a proven track record of stable occupancy. This well-maintained commercial property features four rental units generating strong monthly income, with tenants who would prefer to remain in place. The property has maintained full occupancy for the past six years and offers a convenient location just two blocks from the interstate with a large parking lot providing easy access and ample parking for tenants and customers. Numerous recent capital improvements make this a true turnkey investment, including commercial-grade laminate flooring throughout all units, fresh interior paint completed within the last three years, exterior painted in 2022, updated electrical service with three 240-volt services completed within the past two years, new 95% high-efficiency furnaces with central air conditioning installed in 2023 and 2024, solar panels added in 2024, a new water heater in 2023, and new toilets in all units over the past three years. The roof was replaced in approximately 2016 and remains in good condition. With consistent rental history, quality updates, and a desirable Helena location, this is an outstanding opportunity for investors seeking reliable cash flow and long-term value.

Interior
  • Basement Full
  • A/C Central Air
  • Heating Forced Air, Gas
Exterior and Construction
  • Roofing Other
  • Construction Poured
Utilities
  • Sewer Public Sewer
  • Utilities Electricity Connected, Natural Gas Connected
Land and Lot
  • Lot size 0.23 acres (10,019 sq ft)
  • Topography Level
Location and Zoning
  • Road/Access City Street
  • Zoning Commercial
  • Zoning description B2
  • County Lewis and Clark
  • Neighborhood North
Schools
  • School District Helena High School District
Tax and Legal
  • Annual tax $7,260
  • Tax year 2025
  • Parcel number 05188820325340000
  • Legal description The South 100 feet of Lots 3 and 4 in Block 25 of the Flower Carden Addition to the City of Helena, Lewis and Clark County, Montana.
Parking and Garage
  • Parking spaces 18
  • Garage Additional Parking

Listing Information

Listing Agent
Tish Marr
Listing Office
Big Sky Brokers, LLC
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