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312 Dewey Ave 6,789 SF 74% Leased Retail Building Eureka, MT 59917 $749,900 ($110.46/SF)



Executive Summary
REDUCED $50K. Asking: $749,900
Building Size: 6,789 SF
Property Type: Multi-Tenant / Owner-User Commercial
Location: Prime Main Street – Downtown Eureka, MT
Investment Highlights
• Irreplaceable Main Street frontage in Eureka’s most desirable downtown block
• Located among historic 19th-century brick buildings with strong local and visitor traffic
• Flexible multi-tenant configuration supporting diverse income streams
• Suitable for owner-user, value-add investor, or 1031 exchange
• Limited downtown inventory enhances long-term appreciation potential
Property Overview
This 6,789 SF commercial building offers a versatile layout ideal for multiple tenants or mixed-use concepts. Current configuration includes salon/nail space, massage and acupuncture rooms, four private office suites, and a large warehouse/workshop area. Spaces may be leased individually or reconfigured to maximize rental income and tenant mix.
The property supports service-based, professional, wellness, retail, creative, or light industrial uses, making it adaptable to market demand and future repositioning strategies.
Income & Upside Potential
• Opportunity to create multiple income streams through suite-by-suite leasing
• Value-add potential through re-tenanting, rental rate optimization, or build-out adjustments
• Warehouse space provides additional revenue or conversion potential
• Strong demand driven by Eureka’s growing recreational economy and small-business community
Market & Location
Eureka is a scenic recreational town in Montana’s Tobacco Valley, just minutes from the Canadian border and 3 ski lodges: Whitefish, Blacktail & Fernie. Surrounded by the Kootenai National Forest, lakes, rivers, and mountains, the area attracts year-round tourism while maintaining a stable local business base. The town’s classic rural Montana lifestyle and walkable downtown continue to support Main Street commercial demand.
Investment Summary
A rare opportunity to acquire a high-visibility downtown asset with built-in flexibility, multiple leasing options, and long-term upside in a market where authentic Main Street properties are increasingly difficult to replace.
Building Size: 6,789 SF
Property Type: Multi-Tenant / Owner-User Commercial
Location: Prime Main Street – Downtown Eureka, MT
Investment Highlights
• Irreplaceable Main Street frontage in Eureka’s most desirable downtown block
• Located among historic 19th-century brick buildings with strong local and visitor traffic
• Flexible multi-tenant configuration supporting diverse income streams
• Suitable for owner-user, value-add investor, or 1031 exchange
• Limited downtown inventory enhances long-term appreciation potential
Property Overview
This 6,789 SF commercial building offers a versatile layout ideal for multiple tenants or mixed-use concepts. Current configuration includes salon/nail space, massage and acupuncture rooms, four private office suites, and a large warehouse/workshop area. Spaces may be leased individually or reconfigured to maximize rental income and tenant mix.
The property supports service-based, professional, wellness, retail, creative, or light industrial uses, making it adaptable to market demand and future repositioning strategies.
Income & Upside Potential
• Opportunity to create multiple income streams through suite-by-suite leasing
• Value-add potential through re-tenanting, rental rate optimization, or build-out adjustments
• Warehouse space provides additional revenue or conversion potential
• Strong demand driven by Eureka’s growing recreational economy and small-business community
Market & Location
Eureka is a scenic recreational town in Montana’s Tobacco Valley, just minutes from the Canadian border and 3 ski lodges: Whitefish, Blacktail & Fernie. Surrounded by the Kootenai National Forest, lakes, rivers, and mountains, the area attracts year-round tourism while maintaining a stable local business base. The town’s classic rural Montana lifestyle and walkable downtown continue to support Main Street commercial demand.
Investment Summary
A rare opportunity to acquire a high-visibility downtown asset with built-in flexibility, multiple leasing options, and long-term upside in a market where authentic Main Street properties are increasingly difficult to replace.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,789 SF
Building Class
C
Year Built/Renovated
1929/2023
Price
$749,900
Price Per SF
$110.46
Percent Leased
74%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.22 AC
Parking
6 Spaces (0.88 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 1,190 SF
- Retail
- -
- Now
- 1st Floor
- 100 SF
- Office
- -
- Now
- 1st Floor
- 100 SF
- Office
- -
- Now
- 2nd Floor
- 100 SF
- Retail
- -
- Now
- 2nd Floor
- 100 SF
- Retail
- -
- Now
- 2nd Floor
- 100 SF
- Retail
- -
- Now
- 2nd Floor
- 100 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,190 SF | Retail | - | Now |
| 1st Floor | 100 SF | Office | - | Now |
| 1st Floor | 100 SF | Office | - | Now |
| 2nd Floor | 100 SF | Retail | - | Now |
| 2nd Floor | 100 SF | Retail | - | Now |
| 2nd Floor | 100 SF | Retail | - | Now |
| 2nd Floor | 100 SF | Retail | - | Now |
1st Floor
| Size |
| 1,190 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 100 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 100 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
2nd Floor
| Size |
| 100 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Property Taxes
| Parcel Number | 56-4823-14-1-53-08-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $528,500 |
Property Taxes
Parcel Number
56-4823-14-1-53-08-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$528,500
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Presented by
Tobacco Plains Realty Inc.
312 Dewey Ave
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