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1109 6th Ave N - Redevelopment Property for SALE 68,925 SF Health Care Building Offered at $1,600,000 in Great Falls, MT 59401
Investment Highlights
- Redevelopment Opportunity
- Former Retirement Community
- Half a city block
- Commercial Kitchen
Executive Summary
Redevelopment opportunity at the former Cambridge Place Retirement Community. Approx. 68,925 SF of interior space on approx. 1.265-acre lot. Built in 1929; remodeled in 1985 with steel studs throughout. Updates 2021-current. 10’-16’ wall height. Paved, off-street parking lot with security fencing. Some new windows and a security system with motion sensors. Zoned R-6 Multi-Family High Density; Buyer to verify its intended use with City. 2023 Taxes: $6,985.26. Structurally sound. Phase I & II, sprinkler bid, historic property records, and architectural drawings for 80+ living units available. Commercial kitchen. 2 elevators (one needs a complete upgrade; other needs belts). Cable ran to all rooms. ADA compliant doorways. Some mold remediation needed. The seller is actively working to clean up the property.
***Discretion Advised: Offensive graffiti on premises from vandals.
*** Discretion Advised: Health-sensitive individuals should use precaution.
ALL OFFERS WILL BE CONSIDERED. Being sold As-Is, Where-Is. Please allow at least 24 hours to schedule showings. The seller will turn power on and deactivate the alarm system for each showing.
***Discretion Advised: Offensive graffiti on premises from vandals.
*** Discretion Advised: Health-sensitive individuals should use precaution.
ALL OFFERS WILL BE CONSIDERED. Being sold As-Is, Where-Is. Please allow at least 24 hours to schedule showings. The seller will turn power on and deactivate the alarm system for each showing.
Property Facts Under Contract
| Price | $1,600,000 | Lot Size | 1.84 AC |
| Price Per Bed | $1,600,000 | Building Size | 68,925 SF |
| Sale Type | Owner User | No. Beds | 1 |
| Sale Condition | Redevelopment Project | No. Stories | 6 |
| Property Type | Health Care | Year Built | 1929 |
| Property Subtype | Assisted Living | Parking Ratio | 0.45/1,000 SF |
| Building Class | B |
| Price | $1,600,000 |
| Price Per Bed | $1,600,000 |
| Sale Type | Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Health Care |
| Property Subtype | Assisted Living |
| Building Class | B |
| Lot Size | 1.84 AC |
| Building Size | 68,925 SF |
| No. Beds | 1 |
| No. Stories | 6 |
| Year Built | 1929 |
| Parking Ratio | 0.45/1,000 SF |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-3015-01-4-26-01-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $627,370 |
Property Taxes
Parcel Number
02-3015-01-4-26-01-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$627,370
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1109 6th Ave N - Redevelopment Property for SALE
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