Commercial Real Estate for Sale at 2388 Shorthorn Avenue in Helena, MT for $7,500,000

2388 Shorthorn Avenue | Helena

$7,500,000

Exceptional Condominium Development Opportunity. Discover an outstanding investment opportunity with this 75-unit residential condominium development situated in the heart of Helena, Montana. Each meticulously designed unit in this attractive triplex layout offers comfort and style, making it an ideal choice for discerning tenants. This property is perfectly located near essential shopping centers, convenient interstate access, and a variety of recreational opportunities, ensuring a balanced lifestyle for residents. There are currently 12 units built, and the project is fully entitled for 63 more. Each of the 75 units features 2 bedrooms, ensuring ample space and privacy. The convenience of in-unit laundry hookups adds to the ease of living. 12 of the condo units are built and can act as a cash flow while remaining units are being completed. Full entitlements with the remaining 63 to be built condominiums, new condition and recently being brought to the market for rents. MTR 30039661

Directions to property: From North Montana Ave, East on Custer Ave. North onto Shorthorn Dr.

MLS Listing ID: 
MTR 30039661
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$7,500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Helena
Address: 
2388 Shorthorn Avenue, Helena, MT 59602, US
County: 
Lewis and Clark
Latitude: 
46.6180343
Longitude: 
-111.9972511
Building Details
Details about the building on a property.
Year Built: 
2024
Construction
Foundation Details: 
Poured
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
2.11
Lot Size (Area): 
91,912
Lot Size (Dimensions): 
see survey
Waterfront: 
0
Public Record
Parcel Number: 
05188816303150000
Property Zoning: 
Commercial
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Tyler D Warne
Listing Office Name: 
Coldwell Banker Commercial Green & Green