REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 719,000
Est. payment /mo
Price Dropped by $30K
1611 Cedar ST Helena, MT 59601
3,678 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building/Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,678 sqft
Price per Sqft $195
MLS Listing ID 30074360
HOA Y/N No
Year Built 1951
Annual Tax Amount $7,260
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Building/Land
Property 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.
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.
Location
State MT
County Lewis And Clark
Zoning B2
Rooms
Basement Full
Interior
Heating Forced Air, Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features Additional Parking
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Other
Total Parking Spaces 18
Building
Lot Description Level
Foundation Poured
Sewer Public Sewer
Others
Tax ID 05188820325340000
Special Listing Condition Standard
Virtual Tour https://VirtualTourURLUnbranded
Listed by Big Sky Brokers, LLC