Commercial
1740 N Montana Avenue
Helena, MT 59601
$899,000
ActiveMLS® 30067333
Leased multi-tenant retail building on North Montana Avenue. The property is leased to five tenants on modified gross leases. $81,510 in annual gross rents, with below-market leases offering a clear path to $96,056 as leases roll to market rates. The multiple in-place tenants provide diversified cash flow and minimize the impact of any single vacancy. The lease terms range from month-to-month to three years. The property has 25+ asphalt parking spaces for the 8,900 square feet of building space. The building has low maintenance brick and metal siding, and little landscaping to take care of, keeping ownership obligations simple. Utilities are separately metered. Traffic count of 11,000 vehicles per day. Multiple tenant signage opportunities. Built in 1972 and well maintained.
Interior
- Basement Full
- A/C Central Air
- Heating Forced Air, Gas
Exterior and Construction
- Roofing Metal, Rubber
- Construction Slab, Basement
Utilities
- Sewer Public Sewer
- Water Public
Land and Lot
- Lot size 0.57 acres (24,829 sq ft)
- Topography Sloping
Location and Zoning
- Zoning Business
- Zoning description B-2 (Retail, Office Etc)
- County Lewis and Clark
- Subdivision Grand Avenue Addition
- Neighborhood North
Schools
- School District Helena High School District
Tax and Legal
- Annual tax $11,409
- Tax year 2025
- Parcel number 05188819404150000
- Legal description GRAND AVE ADDN AMEND, S19, T10 N, R03 W, BLOCK 13, Lot D, COS# 617072-MS
Parking and Garage
- Parking spaces 25
- Parking Parking spaces: 25
Listing Information
- Listing Agent
- Tyler D Warne
- Co-Listing Agent
- Mark J Runde
- Listing Office
- Coldwell Banker Commercial Green & Green
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2026 Montana Regional Multiple Listing Service, Inc. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.