Gateway Building | Opportunity Zone 18 4th St N 9,760 SF Vacant Retail Building Great Falls, MT 59401 $799,000 ($81.86/SF)

INVESTMENT HIGHLIGHTS

  • Opportunity Zone
  • Parking lot
  • Downtown

EXECUTIVE SUMMARY

Grade A property built in 1930 located in the Great Falls Opportunity Zone, offering approximately 9,760 square feet of versatile interior space on a 0.344-acre lot. This historic building has been maintained and continuously updated, blending its original charm with modern conveniences. Featuring 12-foot ceilings and central air, the property offers a comfortable and inviting environment. Located in the bustling heart of Downtown Great Falls, it boasts a prime location directly across from a city parking garage, providing excellent accessibility for customers and clients. This space is ideally suited for a variety of uses, including professional services, retail, or a vibrant restaurant, making it a fantastic opportunity to establish or expand a business in a high-visibility, high-traffic area. Property is also available for lease.
What is an Opportunity Zone?
Opportunity Zones are specially designated areas identified by the federal government to encourage investment and economic growth. By investing in properties located within these zones, buyers can potentially benefit from significant tax incentives, including deferred or reduced capital gains taxes. This designation creates an attractive opportunity for investors looking to maximize their returns while contributing to community development.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
9,760 SF
Building Class
B
Year Built
1930
Price
$799,000
Price Per SF
$81.86
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.66
Lot Size
0.34 AC
Opportunity Zone
Yes
Walk Score®
Very Walkable (89)

NEARBY MAJOR RETAILERS

U.s. Bank Branch
Applebee's
CrossFit
MacKenzie River Pizza
Tony Roma's
Boston Pizza
Planet Fitness
Starbucks
Buffalo Wild Wings
Snap Fitness 24/7

PROPERTY TAXES

  • Listing ID: 30966187

  • Date on Market: 2/15/2024

  • Last Updated:

  • Address: 18 4th St N, Great Falls, MT 59401