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Euclid Restaurant

$725,000

1001 Euclid Avenue, Helena, MT 59601

Active
Last Updated: 06/20/2025

7

Cap Rate

50,764

NOI

Details:
Cap Rate:    7%
NOI:    $50,764
Building Size:    2,744 sqft
Lot Area:    0.66 acres
Units:    1
Year Built:    1983
Floors:    1
Parking Spots:    45
Highlights:
  • 2,744 SF building
  • Renovated in 2018
  • B-2 zoning
  • High traffic area 18,000 sf
  • Former restaurant space
  • Ample parking
  • Prime location
  • Restaurant equipment can be added on
Description:

High visibility restaurant building for sale on Euclid Avenue (US- 12). Located just a 1/2 mile from Carroll College. The property has a generous lot size with 250' of frontage on Euclid (US-12), which sees 18,000 vehicles per day. There is an existing pylon sign along the road. With 3 points of access, it is easy to reach the property from all directions. The asphalt parking lot has 45 designated spaces. This large corner lot (0.66 acres) could give a buyer the flexibility to do much more than meets the eye.

The building was constructed in 1983 for Pizza Hut. They operated in this location until 2018. At that point the building was sold, a local breakfast restaurant remodeled the kitchen and leased it through January of 2025. Some of restaurant equipment is in the photos is theirs, and is not included in the sale price. It can be purchased separately.

The dining room is 37' x 34', and also has a counter that seats 6. The posted occupancy limit is 68. The kitchen is made of two rooms - the cook line and the prep/dish area. If a buyer desired a walk-in cooler and freezer, there's a possibility they could add them outside.

Upper Westside in Helena is an old neighborhood with a loyal customer base. This is the primary route out of Helena to the west and entry from the west and continuously sees high traffic, in this location it is above 18,000 cars per day. Historically this side of town has had lower rents, and lower commercial building prices.

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Location
Gallery