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200 West Railroad Avenue

$3,000,000

200 West Railroad Avenue, Plains, MT 59859

Active
Last Updated: 10/07/2025

6.6

Cap Rate

197,412

NOI

Details:
Cap Rate:    6.6%
NOI:    $197,412
Building Size:    7,612 sqft
Lot Area:    2.536 acres
Units:    2
Year Built:    1938
Zoning:    none
MlsNumber:    30058375
Floors:    2
Parking Spots:    71
Year Last Renovated:    2017
Baths:    6
Highlights:
  • Annual Tax: $ 24259.67
  • Average Floor Size: 0.0
  • Average Occupancy Rate: 100.0
  • Flooring: Concrete
  • Exterior: Storage Shed
  • General: Smoke Detector
  • Lot Description: Corner
  • Exterior Description: Stucco
  • Age: Over 50 Years Old
  • Cooling: Central A/C
  • Lot Size: 2-5 Acres
  • Fencing: Metal Fence
  • Sewer: City
  • Water: City Water
Description:

Renovated, Revenue-Ready, & Room to Expand

Additional value comes from 0.872 acres of excess land ideal for expansion or new development, plus a historic log schoolhouse on-site currently used for storage.

Upgrades throughout highlight both quality and character. Renovated in 2016–2017 with modern finishes while retaining historic details from the original 1938 Plains School, including restored windows, sills, trim, and refinished maple hardwood floors.

Beautifully modern-designed clinic complete with 11 dental operatories, 2 labs, welcoming lobby with separate check-out, private offices, a break room with full kitchen, a staff locker room, and 6 restrooms (including one with shower and laundry facilities).

Energy-efficient windows, metal roof, stucco with stone accents, underground sprinklers, and chain-link fencing. Security and utility enhancements with keypad entry, video surveillance, and 600-amp 3-phase power with separate meters.

Discover a rare opportunity to own a beautifully renovated commercial property that blends modern functionality with historic character. Positioned on 2.536 acres with 555 feet of frontage along scenic MT Highway 200, this highly visible location offers unmatched flexibility for general commercial, office, or retail use—with no zoning restrictions limiting future development. The 7,612 SF building spans one level with a fully finished daylight basement, currently configured into two separate suites leased by a dental clinic and a real estate office. Each space features its own entrance, handicap-accessible ramps, and an interior hydraulic lift for full accessibility. Ample paved parking, monument signage, and dual access points make the property convenient and inviting for clients and visitors. With its combination of thoughtful renovations, preserved character, strong tenant mix, and prime location, this property offers an exceptional investment or owner-user opportunity in the heart of Montana’s growing market.


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Listing ID: ea6f2889-9c39-403b-bef1-517b0c150844
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