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1521 1st Avenue NW

Great Falls, MT 59404
  • $2,500,000
  • STATUS: Active
  • MLS #: 30066298
New On Site Today
UPDATED: 22 min ago
$2,500,000
  • 0
    BEDS
  • 1.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1954
County:
Area:

School Ratings & Info

Description

Outstanding investment opportunity featuring a recently repositioned hospitality asset with strong in-place income and future upside. Originally constructed as a motel in 1954, the property was thoughtfully converted in 2025 into 23 Single Room Occupancy (SRO) units designed to accommodate both short-term and long-term tenants—creating diversified revenue streams and consistent demand. The property offers 23 private units, each with its own bathroom, and four units are equipped with convenient kitchenettes. Since commencing operations in October 2025, occupancy has remained strong, demonstrating solid market demand and operational stability. The seller is offering a three-month "rent guarantee" with a full-price offer, adding an additional layer of security for investors. With a projected Net Operating Income of $181,000, this asset presents an attractive return. Exterior painting is currently underway. Seller will consider carrying short-term financing for qualified buyers.

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© 2026 Montana Regional MLS. 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. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2026-03-05T09:18:43.187.
www.helenahomebuyer.com/homes/173667461
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1521 1st Avenue NW Great Falls, MT 59404

  • Price: $2,500,000
  • Status: Active
  • On Site: Today
  • Updated: 22 min ago
  • MLS #: 30066298
0
Beds
0
Baths
0
½ Baths
1.19
Acres
1954
Built
County:
Cascade
Area:
Great Falls
Property Description
Outstanding investment opportunity featuring a recently repositioned hospitality asset with strong in-place income and future upside. Originally constructed as a motel in 1954, the property was thoughtfully converted in 2025 into 23 Single Room Occupancy (SRO) units designed to accommodate both short-term and long-term tenants—creating diversified revenue streams and consistent demand. The property offers 23 private units, each with its own bathroom, and four units are equipped with convenient kitchenettes. Since commencing operations in October 2025, occupancy has remained strong, demonstrating solid market demand and operational stability. The seller is offering a three-month "rent guarantee" with a full-price offer, adding an additional layer of security for investors. With a projected Net Operating Income of $181,000, this asset presents an attractive return. Exterior painting is currently underway. Seller will consider carrying short-term financing for qualified buyers.
Exterior Features

Carport YN No Foundation Details See Remarks Garage YN No Waterfront YN No

Interior Features

Basement YN No Fireplace YN No

Property Features

Building Area Total 7512 Property Sub Type Building / Land Special Listing Conditions Standard Tax Annual Amount 6500 Tax Legal Description WEST GREAT FALLS ADD S03 T20 N R03 E BLOCK 034 LOT 004 W40' LT 4 & ALL LTS 5-12 Tax Year 2025 Zoning Description C-2

Listing Agent: Gary W Shea
Listing Office: Century 21 Shea Realty - Butte, Office Contact Info: 406-723-5455


© 2026 Montana Regional MLS. 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. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2026-03-05T09:18:43.187.
 
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Andy O Realty Group | Keller Williams Capital Realty
130 Neill Avenue
Helena MT, 59601