1521 Nw 1St Avenue | Image 1
1521 Nw 1St Avenue | Image 2
1521 Nw 1St Avenue | Image 3
1521 Nw 1St Avenue | Image 4
1521 Nw 1St Avenue | Image 5
1521 Nw 1St Avenue | Image 6
1521 Nw 1St Avenue | Image 7

$2,500,000

For Sale

A month ago

A - 1521 Nw 1St Avenue, Great Falls, MT

House

MLS® 409724

0 Bed

0 Bath

7512 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 7512 sqft
Garage 
Taxes $6,500
Days Active 28
Lot Size 
Approx. Age 1954
Avg. Price Per Sqft $332
MLS® Number 409724

Property Address: a-1521 Nw 1st Avenue, Great Falls, MT, 59404

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number409724
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1954
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 26, 2026List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1521 Nw 1St Avenue, Great Falls, MT

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