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3928, 3930 Tri Hill Frontage Road, Great Falls
$6,999,000
30065908 MLS
I-15 Net Lease Investment + 68.7± Acre Assemblage | Great Falls, MT Rare opportunity to acquire a high-visibility I-15 corridor commercial portfolio totaling approximately 68.73± acres in Great Falls, Montana. This offering combines a stabilized single-tenant net lease investment with substantial expansion and development land, creating both immediate income and long-term upside. Income-Producing Asset (Tract 1A – ±23.44 Acres) • ±28,500 SF purpose-built RV dealership facility (constructed 2017) • Modern pre-engineered steel construction • Showroom, service bays, office and support areas • Extensive paved yard, commercial lighting, and perimeter fencing • Fully leased under a triple-net structure • Offered at a 6% cap rate Expansion / Development Parcel (Tract 2A – ±45.29 Acres) • Prime interstate frontage and visibility • Ideal for inventory expansion, outdoor storage, contractor yard, or future commercial development • Existing residential structure with income potential • Significant assemblage and long-term land value Per pending Certificate of Survey (see supplemental documents), acreage totals approximately ±68.73 acres combined. Final legal descriptions, acreage, and tax amounts are subject to recording and reassessment. This portfolio offers investors the rare combination of stabilized cash flow and scalable land position in one of Great Falls’ primary commercial corridors. Individual parcels are also available separately: • Income-producing ±23.44 acres • ±45.29 acres of expansion land

3928, 3930 Tri Hill Frontage Road, Great Falls

Listing courtesy of Listing Agent: Ryan Pachek | ryan@catalyst-cre.com from Listing Office: Catalyst Commercial.

3928 Tri Hill Frontage Road, Great Falls
$5,500,000
30065857 MLS
Premier single-tenant net lease opportunity located along the highly visible I-15 / Tri Hill Frontage Road corridor in Great Falls, Montana. This 28,500 SF purpose-built RV dealership facility was constructed in 2017 and sits on approximately 23.44 acres. The property features a modern pre-engineered steel structure with showroom, service bays, office space, and support areas, along with extensive paved display yard, commercial lighting, and perimeter fencing. The asset is fully leased under a triple-net structure, offering investors stable, passive income with minimal landlord responsibilities. Strong highway exposure, easy access, and a regional retail corridor location support long-term tenant viability and residual value. Offered at a 6% capitalization rate, this property presents a compelling opportunity for investors seeking durable cash flow backed by a well-established commercial operation in a growing Montana market.

3928 Tri Hill Frontage Road, Great Falls

Listing courtesy of Listing Agent: Ryan Pachek | ryan@catalyst-cre.com from Listing Office: Catalyst Commercial.

205 Ross Road, Great Falls
$3,600,000
3 Beds ⋅ 1 Baths ⋅ 30066876 MLS
Located just south of Great Falls in Cascade County, this versatile 482.29± acre property offers a strong combination of pasture, tillable ground, and income potential. Approximately 322.69 acres are in pasture with 158.6 acres tillable, supported by perimeter and cross fencing, corrals, natural springs, water rights, and a well producing approx. 12 GPM. Improvements include a 3-bedroom, 1-bath farmhouse (1890), detached garage, and additional outbuildings. Currently generating $12,000/year in pasture lease income. With no covenants or HOA, this property is well-suited for a cattle operation, agricultural investment, or potential future development (subject to county approval). A productive, income-producing Montana land holding with scale and flexibility. For the operator looking to run cattle, this tract provides the scale, water, and infrastructure necessary to sustain and grow a herd while maintaining operational efficiency. Currently generating $12,000 per year through a pasture lease, the property offers immediate income with room to expand or restructure for enhanced returns. The combination of grazing, tillable acreage, and potential lease diversification makes this an attractive addition to an agricultural portfolio. Land in Cascade County remains a sought-after commodity due to its productivity, access, and long-term stability. Large, contiguous parcels such as this are increasingly difficult to assemble, strengthening its position as a tangible, inflation-resistant asset. With no covenants or HOA restrictions, the flexibility here is substantial. The acreage could be: Continued as a full-scale ranching operation Enhanced with additional ag improvements Strategically subdivided (subject to county approval) for rural residential development Held as a generational land investment The existing homestead offers a foundation for renovation, rental income, or ranch headquarters, while the expansive acreage creates options limited only by vision and county guidelines. For the buyer seeking a serious land investment, a functional cattle operation, or a legacy property in Montana’s agricultural corridor, this Cascade County farm delivers scale, income, infrastructure, and possibility — all in one compelling offering. Local Area Great Falls, MT is located in the central part of the state and straddles the mighty Missouri River. The seat of Cascade County is referred to as the “Electric City” because of its numerous dams and power plants. Great Falls includes many recreational activities for you and your family to enjoy together such as the C. M. Russell Museum which displays famed artist Charlie Russell’s works and home. Get outside and enjoy the crystal-clear waters of Giant Springs State Park or float and fish the Missouri River. The city boasts the Lewis and Clark Interpretive Center. The center provides displays and exhibits that trace the explorers’ journey! Great Falls holds one of the most prestigious medical facilities in the state and offers an International Airport. Great Falls International Airport offers flights of Alaska, Allegiant, Delta, and United, with direct flights to Denver, Las Vegas, Minneapolis, Phoenix, Salt Lake City, Seattle, and Chicago (seasonally). With too much to list, Great Falls awaits exploration, and you are sure to cherish the memories that you will make! Area Attractions The Missouri River The mighty Missouri River is the longest in North America flowing over 2,341 miles. The Missouri River flows from its source near Three Forks, Montana until it joins with the prevalent Mississippi River at St. Louis, Missouri. The Upper Missouri River was designated as a component of the National Wild and Scenic River System in 1976 beginning at Fort Benton, Montana and running 149 miles downstream. The Missouri River is a remarkably valuable life-giving source with 49 species of fish residing in its waters. The Missouri River is also a valuable historical component of the Lewis and Clark National Historic Trail. You can enjoy floating, fishing, hiking, hunting, and camping on or around the river and view 60 species of mammals, 233 species of birds, and 20 species of amphibians and reptiles! Smith River Each February a drawing is held to designate 9 lucky entries permits to float. The river’s popularity is a result of the various terrains and spectacular sights that are cherished throughout a float trip. The Smith River begins near White Sulphur Springs and twists and turns for more than 100 miles. The stretch of river from Camp Baker Access to the Eden Bridge is the most popular. The fishing throughout is exceptional with populations of brown and rainbow trout ranging in sizes from 13-16 inches long. The larger brown trout scatter in the deep pools or hover along undercut banks. First Peoples Buffalo Jump State Park This buffalo jump is considered to be the largest bison cliff jump in the United States. The native people utilized the jump for at least two thousand years before Lewis and Clark ventured through on their expedition through Montana. The park has an interpretive trail, picnic tables, and a protected black-tailed prairie dog town. Benton Lake National Wildlife Refuge This shallow basin was left as a result of the last glacier in the area. It covers over 5000 acres and is a bird haven. The refuge supports a variety of wildlife and migratory waterfowl. Freezeout Lake Wildlife Management Area The Freezeout Lake Wildlife Management Area is located between Fairfield and Choteau and is known for the massive snow geese and tundra swan migrations that take place in the spring and fall. Giant Springs State Park The Lewis and Clark Expedition in 1805 discovered Giant Springs State Park. The crystal-clear water originates in the Little Belt Mountains and takes twenty-six years to reach the springs! It is no wonder it is the most visited state park in Montana. The park sprawls out over 4,500 acres and is centered around the “Mighty Mo” (Missouri River). Many people utilize the park’s twenty miles of trail to bike, hike, walk, bird watch, or just enjoy the scenery. The park also features waterfalls for which Great Falls was named. Be sure to visit the fish hatchery while at the park. The monster trout raised here are quite a sight! Fishing is fantastic here. Once named the shortest river in the world, the Roe River flows out into the Missouri. This state park is one of Montana’s gems!

205 Ross Road, Great Falls

Listing courtesy of Listing Agent: Aeric Reilly | aeric@corderland.com from Listing Office: Corder and Associates LLC.

205 Ross Road, Great Falls
$3,600,000
409323 MLS
Located just south of Great Falls in Cascade County, this versatile 482.29± acre property offers a strong combination of pasture, tillable ground, and income potential. Approximately 322.69 acres are in pasture with 158.6 acres tillable, supported by perimeter and cross fencing, corrals, natural springs, water rights, and a well producing approx. 12 GPM. Improvements include a 3-bedroom, 1-bath farmhouse (1890), detached garage, and additional outbuildings. Currently generating $12,000/year in pasture lease income. With no covenants or HOA, this property is well-suited for a cattle operation, agricultural investment, or potential future development (subject to county approval). A productive, income-producing Montana land holding with scale and flexibility.

205 Ross Road, Great Falls

Courtesy of Trampus Corder with Corder & Associates.

205 Ross Road, Great Falls
$3,600,000
358049 MLS
Located just south of Great Falls in Cascade County, this versatile 482.29± acre property offers a strong combination of pasture, tillable ground, and income potential. Approximately 322.69 acres are in pasture with 158.6 acres tillable, supported by perimeter and cross fencing, corrals, natural springs, water rights, and a well producing approx. 12 GPM. Improvements include a 3-bedroom, 1-bath farmhouse (1890), detached garage, and additional outbuildings. Currently generating $12,000/year in pasture lease income. With no covenants or HOA, this property is well-suited for a cattle operation, agricultural investment, or potential future development (subject to county approval). A productive, income-producing Montana land holding with scale and flexibility.

205 Ross Road, Great Falls

Listing courtesy of Trampus Corder from Corder and Associates LLC

TBD 10th Avenue S and 57th Street South, Great Falls
$3,301,172
406166 MLS
15.31-acre development parcel is strategically located across from Walmart on Great Falls' rapidly expanding east side and adjacent to Malmstrom Air Force Base. Situated within The Falls Planned Unit Development (PUD), one of Montana's largest master-planned mixed-use communities in the state. Designated for high-density multifamily development and offers a rare opportunity to deliver large-scale housing in an increasingly supply-constrained market. Site is positioned for efficient construction and benefits from access to municipal water, sewer, and stormwater infrastructure. Development potential is further enhanced by the parcel's location within HIGHEST EMPLOYMENT GROWTH AND INVESTMENT COORIDOR IN THE STATE …all anchored by significant public and private sector projects. Major regional economic drivers include the proposed JANICKI Industries advanced manufacturing campus, which could bring more than 1,000 aerospace and manufacturing jobs to the region (HOUSING FOR 200 EMPLOYEES BY NEXT YEAR); Calumet's Montana Renewables aviation fuel expansion; Ardent Data Centers' hyperscale data center investment; Berkshire Hathaway Energy's renewable energy and transmission infrastructure investments; the Sentinel missile modernization program with Malmstrom Air Force Base; Touro University's expanding medical & law education campus; and VACOM's U.S. manufacturing operations in Central Montana. According to a MAY 2026 market study by The Concord Group, the Great Falls market is projected to face a multifamily housing shortage of more than 800 units through 2030, with projected apartment demand significantly exceeding known supply. The Falls development is positioned to help meet this growing need, with the potential for a variety of multifamily housing formats designed to serve the region's expanding workforce, healthcare, education, defense, and advanced manufacturing sectors. Parcel may be acquired independently or incorporated into the broader Falls PUD development plan. Ownership is willing to assist with annexation and site development coordination, creating an exceptional opportunity for multifamily developers seeking scale, timing, and long-term growth potential in one of Montana's most compelling emerging markets.

TBD 10th Avenue S and 57th Street South, Great Falls

Courtesy of Joe Cobb with Cobb Realty Group.

NHN 57th Street S and 10th Ave South, Great Falls
$3,301,172
30058290 MLS
15.31-acre development parcel is strategically located across from Walmart on Great Falls' rapidly expanding east side and adjacent to Malmstrom Air Force Base. Situated within The Falls Planned Unit Development (PUD), one of Montana's largest master-planned mixed-use communities in the state. Designated for high-density multifamily development and offers a rare opportunity to deliver large-scale housing in an increasingly supply-constrained market. Site is positioned for efficient construction and benefits from access to municipal water, sewer, and stormwater infrastructure. Development potential is enhanced by the parcel's location within HIGHEST EMPLOYMENT GROWTH AND INVESTMENT COORIDOR IN THE STATE …all anchored by significant public and private sector projects. Major regional economic drivers include the proposed JANICKI Industries advanced manufacturing campus, which could bring more than 1,000 aerospace and manufacturing jobs to the region (HOUSING FOR 200 EMPLOYEES BY NEXT YEAR); Calumet's Montana Renewables aviation fuel expansion; Ardent Data Centers' hyperscale data center investment; Berkshire Hathaway Energy's renewable energy and transmission infrastructure investments; the Sentinel missile modernization program with Malmstrom Air Force Base; Touro University's expanding medical & law education campus According to a MAY 2026 market study by The Concord Group, the GF's market is projected to face a multifamily housing shortage of more than 800 units through 2030, with projected apartment demand significantly exceeding known supply. Parcel may be acquired independently or incorporated into the broader Falls PUD development plan. Ownership is willing to assist with annexation and site development coordination, creating an exceptional opportunity for multifamily developers seeking scale, timing, and long-term growth potential in one of Montana's most compelling emerging markets. Developers encouraged to proceed as a standalone project for immediate development. Additional option to participate as part of The Falls, a 100-acre PUD (Planned Unit Development). mixed-use development also available. Property owners are willing to assist with site preparation as needed.

NHN 57th Street S and 10th Ave South, Great Falls

Listing courtesy of Listing Agent: Joseph Cobb | josephcobb@gmail.com from Listing Office: Cobb Realty Group.

201 & 215 2nd S, Great Falls
$3,250,000
345503 MLS
The high-traffic location is just inside the Downtown Parking District, so it benefits from the parking advantages. The commercial building is just under 15,000 square feet, with approximately 8,000 sq. ft. of it encompassing the showroom. The building has high ceilings, multiple entrances, a floorplan that includes 5 separate offices, 4 bathrooms, a break/conference room, front counter space, an IT room, a copier/office supply room, several storage rooms, and a heated warehouse with an overhead door and street access. Significant upgrades were completed in 2008 including new plumbing, electrical, roof, HVAC, and windows. 207 could be utilized as a separate business with its own entrance, bathroom, office space, kitchenette, and storage. The building at 215 2nd Ave. So. provides 26,000 additional square feet of space to store or accommodate a buyer’s business possibilities.

201 & 215 2nd S, Great Falls

Listing courtesy of Trampus Corder from Corder and Associates LLC

201 & 215 2nd Avenue S, Great Falls
$3,250,000
391461 MLS
Located in the heart of downtown Great Falls, Montana, this commercial building and warehouse is situated on the corner of 2nd St. S. and 2nd Ave. South assuring exceptional visibility and attention. The high-traffic location is just inside the Downtown Parking District, so it benefits from the parking advantages. The commercial building is just under 15,000 square feet, with approximately 8,000 sq. ft. of it encompassing the showroom. The large windows supply tons of natural light and allow visibility to the street. In addition, the building has high ceilings, multiple entrances, a floorplan that includes 5 separate offices, 4 bathrooms, a break/conference room, front counter space, an IT room, a copier/office supply room, several storage rooms, and a heated warehouse with an overhead door and street access. The warehouse can serve as private parking as well. Significant upgrades were completed in 2008 including new plumbing, electrical, roof, HVAC, and windows to this 1914 historic downtown gem. From 2008-2022, the building served as a furniture, appliance, and electronics store. A segment of the property (207) could be utilized as a separate business with its own entrance, bathroom, office space, kitchenette, and storage. The building at 215 2nd Ave. So. Provides 26,000 additional square feet of space to store or accommodate a buyer’s business possibilities. Collect income and lease the space out. As Great Falls grows and the downtown area adds incentive, these buildings are in prime locales to utilize as you see fit.

201 & 215 2nd Avenue S, Great Falls

Courtesy of Trampus Corder with Corder & Associates.

201 - 215 2nd Avenue S, Great Falls
$3,250,000
30023694 MLS
Located in the heart of downtown Great Falls, Montana, this commercial building and warehouse is situated on the corner of 2nd St. S. and 2nd Ave. South assuring exceptional visibility and attention. The high-traffic location is just inside the Downtown Parking District, so it benefits from the parking advantages. The commercial building is just under 15,000 square feet, with approximately 8,000 sq. ft. of it encompassing the showroom. The large windows supply tons of natural light and allow visibility to the street. In addition, the building has high ceilings, multiple entrances, a floorplan that includes 5 separate offices, 4 bathrooms, a break/conference room, front counter space, an IT room, a copier/office supply room, several storage rooms, and a heated warehouse with an overhead door and street access. The warehouse can serve as private parking as well. Significant upgrades were completed in 2008 including new plumbing, electrical, roof, HVAC, and windows to this 1914 historic downtown gem. From 2008-2022, the building served as a furniture, appliance, and electronics store. A segment of the property (207) could be utilized as a separate business with its own entrance, bathroom, office space, kitchenette, and storage. The building at 215 2nd Ave. So. Provides 26,000 additional square feet of space to store or accommodate a buyer’s business possibilities. Collect income and lease the space out. As Great Falls grows and the downtown area adds incentive, these buildings are in prime locales to utilize as you see fit.

201 - 215 2nd Avenue S, Great Falls

Listing courtesy of Listing Agent: Anthony Longin | anthony@longin.email from Listing Office: Corder and Associates LLC.

6500 Tri Hill Frontage Road, Great Falls
$3,048,000
30079228 MLS
Capitalize on this rare opportunity on the Southwest end of Great Falls. Rarely do level parcels of this size become available this close to the city, making this ultimate multi-parcel setup a premier choice for investors and developers. This expansive package features two adjoining tracts totaling 304.8 acres. Highly accessible and bounded by paved perimeter roads with access to both the frontage road and Interstate 15. The first tract (159.88 Acre) comes equipped for immediate utility, featuring a functional 1,800-square-foot prefabricated shop, and an established water well, while the adjacent tract (145 Acre) offers a clean, bare-ground lot completely ready for your vision. "My sellers want to keep this moving smoothly, so rather than delaying closing to schedule contractors, they are offering a flat $3,500 closing cost credit. This allows your buyers to select their own preferred company and materials, and have the work done exactly to their specifications right after closing. Zoned Suburban Residential 2 (SR2). Buyer to verify zoning and conduct all due diligence to their satisfaction.

6500 Tri Hill Frontage Road, Great Falls

Listing courtesy of Listing Agent: Mark Blades | mark@dahlquistrealtors.com from Listing Office: Dahlquist Realtors.

391 & 393 Flood Road, Great Falls
$2,750,000
2 Beds ⋅ 2 Baths ⋅ 30076259 MLS
Just ten minutes south of Great Falls, Montana lies the Blackwater Ranch, a unique offering that encompasses 90.79± acres with frontage along Montana’s famous Missouri River. Combining productive agricultural ground and high-quality improvements, with outstanding recreational components, this ranch offers a special opportunity to own one of the larger riverfront properties in a desirable area on the fringe of Great Falls. While the setting is rural and grand, shopping, dining, healthcare, and other conveniences are just minutes away. The ranch has quality improvements that include a custom main residence that was built in 2018, a remodeled guest home, and multiple outbuildings that support a variety of agricultural and recreational uses. Productive hay fields, valuable Missouri River water rights, and a nearby, 314 acre, State grazing lease provide the resources to support livestock or hay production while maintaining the property's recreational appeal for hunting, fishing or horseback riding. Whether you're looking for a productive ranch, an equestrian property, or simply a place to enjoy Montana's outdoor lifestyle, Blackwater Ranch offers the rare combination of river frontage, agricultural productivity, with the convenience of close proximity to the urban amenities found in Great Falls.

391 & 393 Flood Road, Great Falls

Listing courtesy of Listing Agent: Mike DeShore | Mikedeshore@gmail.com from Listing Office: Fay Ranches.

2715 Park Garden Lane, Great Falls
$2,750,000
5 Beds ⋅ 6 Baths ⋅ 30055092 MLS
Welcome to 7,000+ sq ft of refined living on 1.8 private acres on the Missouri River — just steps from the prestigious Meadowlark Country Club. This extraordinary 5-bed, 6-bath estate blends luxury, privacy, and lifestyle. Enter through a gated drive into a serene, manicured setting where craftsmanship shines. Inside, rich custom woodwork, chef-grade Viking appliances, and a custom wine cellar set the tone for elegance. Expansive living areas, a cozy sunroom, and soaring ceilings feel both grand and inviting. At the heart of the great room, a dramatic floor-to-ceiling rock fireplace adds warmth, character and a striking focal point. Entertainment features include a sports room with full bar, plus a luxurious indoor pool and hot tub for year-round enjoyment. Outdoors, enjoy river access, a private dock, and landscaped grounds perfect for relaxing or hosting by the water. All this, in a quiet neighborhood just steps from the golf course — a private retreat designed for living well.

2715 Park Garden Lane, Great Falls

Listing courtesy of Listing Agent: Seth Haak | sethnhaak@gmail.com from Listing Office: Keller Williams Northern MT.

TBD 57th Street, Great Falls
$2,500,000
30072716 MLS
Exceptional 19.04-acre development opportunity strategically positioned along the high-traffic corridor of 57th Street, just outside the City of Great Falls zoning jurisdiction. Offering flexibility for a variety of future uses, buyers are encouraged to verify commercial zoning potential and intended development plans with Cascade County. This highly visible site is located in one of Great Falls' fastest-growing areas and sits near the proposed 100-acre mixed-use development, "The Falls," by Mitchell Development. The planned project is expected to bring approximately 630,000 square feet of retail and office space, two hotels, 831 residential units, restaurants, entertainment venues, and an interconnected trail system, creating a significant regional destination and economic driver. With an Average Annual Daily Traffic count of 8,825 vehicles (2020), the property offers outstanding exposure and accessibility. Its proximity to schools, public transit, East End Walmart, Malmstrom Air Force Base, and numerous neighborhood amenities further enhances its appeal for commercial, multifamily, hospitality, mixed-use, or service-oriented development. As growth continues to expand eastward, opportunities of this size and location are becoming increasingly scarce. Whether envisioned as a standalone commercial project or a larger mixed-use development, this property presents investors and developers with a rare chance to establish a presence in one of Great Falls' most promising growth corridors.

TBD 57th Street, Great Falls

Listing courtesy of Listing Agent: Scott Blumfield | scott@catalyst-cre.com from Listing Office: Catalyst Commercial.

5701 18th Avenue N, Great Falls
$2,500,000
30055071 MLS
Prime 57.87-acre industrial lot in Agritech Park, Great Falls’ premier heavy industrial hub. Zoned PUD, this flat, development-ready site offers full utility access (buyer to verify) and BNSF rail service, ideal for manufacturing, logistics, or warehousing. Located just 10 minutes from the airport with direct access to the I-15 CANAMEX corridor and Hwy 87 for wide-load transport to Canada. This Foreign Trade Zone offers strong incentives, including up to $7,500 per employee in startup grants, and Montana ranks 7th in the U.S. for business tax climate. Over $3B has been invested in the region in the last five years, fueling growth. Rare opportunity to secure a large tract in an expanding industrial corridor. Address: 5701 18th Ave N, Great Falls, MT. Buyer to verify zoning, rail access, utilities, and development requirements.

5701 18th Avenue N, Great Falls

Listing courtesy of Listing Agent: Scott Blumfield | scott@catalyst-cre.com from Listing Office: Catalyst Commercial.

Exit 277 Old Airport Road, Great Falls
$2,500,000
30021845 MLS
Lot #1 has some of the best views in Great Falls and great exposure to the high traffic on I-15. With endless opportunities, and ease of access from car or plane, this Big Sky location truly is EVERYTHING and so much more! Perched high on the hill and overlooking the City of Great Falls, this location offers any business panoramic views with a backdrop of the Highwood Mountains and the Little Belt Mountains. Over 4 acres of county commercial zoned land close to the Great Falls International Airport and an I-15 exit. This parcel has city services running right by it or to it and could be annexed into the city which would be a great piece for a hotel, restaurant, storage facility, convention center development or implement/truck sales.

Exit 277 Old Airport Road, Great Falls

Listing courtesy of Listing Agent: Kyle Haynie | rcr.kyle@gmail.com from Listing Office: Russell Country Realty.

1521 1st Avenue NW Unit A, Great Falls
$2,400,000
30078971 MLS
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. With a projected Net Operating Income of $183,000, this asset presents an attractive 7.5% capitalization rate. Exterior painting is currently underway. Seller financing is available for qualified buyers: Minimum $ 1,000,000 down payment; 7% interest rate; 5-year balloon. In addition, the Seller will provide a first-year rent guarantee equal to 80% of the property’s rent roll, adding an additional layer of security for investors. The current property management team will remain in place throughout the term of the seller financing. Cash Purchase Incentive: A 5% discount is available for an all-cash transaction. The attached Offering Memorandum provides additional financial details and supporting information.

1521 1st Avenue NW Unit A, Great Falls

Listing courtesy of Listing Agent: Gary W Shea | gary@c21shea.com from Listing Office: Century 21 Shea Realty - Butte.

1521 NW 1st Avenue Unit A, Great Falls
$2,400,000
409724 MLS
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. With a projected Net Operating Income of $183,000, this asset presents an attractive 7.5% capitalization rate. Seller financing is available for qualified buyers: Minimum $ 1,000,000 down payment; 7% interest rate; 5-year balloon. In addition, the Seller will provide a first-year rent guarantee equal to 80% of the property’s rent roll, adding an additional layer of security for investors. The current property management team will remain in place throughout the term of the seller financing. Cash Purchase Incentive: A 5% discount is available for an all-cash transaction. The attached Offering Memorandum provides additional financial details and supporting information.

1521 NW 1st Avenue Unit A, Great Falls

Courtesy of Gary Shea with Century 21 Shea Realty.

201 & 207 2nd S, Great Falls
$2,250,000
345497 MLS
This commercial building is situated on the corner assuring exceptional visibility. The high-traffic location is just inside the Downtown Parking District, so it benefits from the parking advantages. The building is just under 15,000 sq ft, with approximately 8,000 sq ft of it encompassing the showroom. The large windows supply natural light. The building has high ceilings, multiple entrances, a floorplan that includes 5 offices, 4 bathrooms, a break/conference room, front counter space, an IT room, a copier/office supply room, storage rooms, & a heated warehouse with an overhead door & street access. Significant upgrades were completed in 2008 including new plumbing, electrical, roof, HVAC, & windows. 207 could be utilized as a separate business with its own entrance, bathroom, office space, & kitchenette. An adjacent 26,000 sq ft warehouse is listed for sale separately at 215 2nd Ave.

201 & 207 2nd S, Great Falls

Listing courtesy of Trampus Corder from Corder and Associates LLC

201 & 207 2nd Avenue S, Great Falls
$2,250,000
391452 MLS
Located in the heart of downtown Great Falls, Montana, this commercial building is situated on the corner of 2nd St. S. and 2nd Ave. South assuring exceptional visibility and attention. The high-traffic location is just inside the Downtown Parking District, so it benefits from the parking advantages. The commercial building is just under 15,000 square feet, with approximately 8,000 sq. ft. of it encompassing the showroom. The large windows supply tons of natural light and allow visibility to the street. In addition, the building has high ceilings, multiple entrances, a floorplan that includes 5 separate offices, 4 bathrooms, a break/conference room, front counter space, an IT room, a copier/office supply room, several storage rooms, and a heated warehouse with an overhead door and street access. The warehouse can serve as private parking as well. Significant upgrades were completed in 2008 including new plumbing, electrical, roof, HVAC, and windows to this 1914 historic downtown gem. From 2008-2022, the building served as a furniture, appliance, and electronics store. A segment of the property (207) could be utilized as a separate business with its own entrance, bathroom, office space, kitchenette, and storage. Think you might need more space? An adjacent warehouse is listed for sale separately at 215 2nd Ave. So. The warehouse is approximately 26,000 sq. feet. The possibilities are endless. As Great Falls grows and the downtown area adds incentive, these buildings are in prime locales to utilize as you see fit.

201 & 207 2nd Avenue S, Great Falls

Courtesy of Trampus Corder with Corder & Associates.

201 & 207 2nd Avenue S, Great Falls
$2,250,000
30023693 MLS
Located in the heart of downtown Great Falls, Montana, this commercial building is situated on the corner of 2nd St. S. and 2nd Ave. South assuring exceptional visibility and attention. The high-traffic location is just inside the Downtown Parking District, so it benefits from the parking advantages. The commercial building is just under 15,000 square feet, with approximately 8,000 sq. ft. of it encompassing the showroom. The large windows supply tons of natural light and allow visibility to the street. In addition, the building has high ceilings, multiple entrances, a floorplan that includes 5 separate offices, 4 bathrooms, a break/conference room, front counter space, an IT room, a copier/office supply room, several storage rooms, and a heated warehouse with an overhead door and street access. The warehouse can serve as private parking as well. Significant upgrades were completed in 2008 including new plumbing, electrical, roof, HVAC, and windows to this 1914 historic downtown gem. From 2008-2022, the building served as a furniture, appliance, and electronics store. A segment of the property (207) could be utilized as a separate business with its own entrance, bathroom, office space, kitchenette, and storage. Think you might need more space? An adjacent warehouse is listed for sale separately at 215 2nd Ave. So. The warehouse is approximately 26,000 sq. feet. The possibilities are endless. As Great Falls grows and the downtown area adds incentive, these buildings are in prime locales to utilize as you see fit.

201 & 207 2nd Avenue S, Great Falls

Listing courtesy of Listing Agent: Anthony Longin | anthony@longin.email from Listing Office: Corder and Associates LLC.

401 Wilson Butte Road, Great Falls
$2,100,000
3 Beds ⋅ 6 Baths ⋅ 30066506 MLS
Rare opportunity to own a Missouri River waterfront property just south of Great Falls, Montana. This custom riverfront home sits on approximately 8.7 acres with over 2,000 feet of Missouri River frontage, offering privacy, incredible views, and direct access to one of Montana’s most iconic rivers. The home features approximately 7,774 square feet of living space designed to capture the surrounding river and landscape views. The main level offers over 4,000 square feet, including a spacious primary suite with an ensuite bath, private office, and laundry. Large windows and open living spaces provide abundant natural light and make the home ideal for entertaining or enjoying peaceful Montana riverfront living. The lower level includes an indoor lap pool, theatre room, and a rare boat garage with winch and concrete ramp, providing convenient access for boating, fishing, and recreation on the Missouri River. This property also features a shop and pull through garage for all the toys.

401 Wilson Butte Road, Great Falls

Listing courtesy of Listing Agent: Joe Duval | joe@montanalifere.com from Listing Office: Montana Life Real Estate.

8377 US Hwy 89, Great Falls
$1,999,000
4 Beds ⋅ 4 Baths ⋅ 30069638 MLS
DREAM LOCATION Escape city life & discover your perfect retreat just 6 miles east of Great Falls, MT. This stunning property offers 150 acres of pristine land of which 111 is Box Elder Creek bottom meandering through it, pond teeming with wildlife, ducks and geese. 4 Bedrooms a Full Basement & Sauna, perfect for relaxation after a day outdoors house was painted in 2025 new granite counter tops in the kitchen Breathtaking Views of 1 mile of creek bottom, picturesque surroundings that change with the seasons. 2 Fireplaces for cozy winter nights. 60x25 Shop ideal for hobbies, storage,plus 4 Additional Outbuildings, making it an ideal spot for cattle or horses. Expansive Grass Fields rich, lush pasture perfect for livestock. This property is an equine lover’s paradise, with endless room for riding, grazing, and even wildlife watching. It’s a true sanctuary, offering the perfect balance of peace and natural beauty, with the convenience of being only a short drive from Great Falls. LAWN IRRIGATED FROM THE CREEK, 30 X 60 SHOP WITH OVERHEAD CHAIN HOIST, 100' X 24' BARN WITH CORRAL HOME IS HOT WATER HEAT AND AIR CONDITIONED

8377 US Hwy 89, Great Falls

Listing courtesy of Listing Agent: Charlie Weber | charlieweberblkdiamond@gmail.com from Listing Office: Black Diamond Realty.

8377 Us Hwy 89, Great Falls
$1,999,000
4 Beds ⋅ 4 Baths ⋅ 30066771 MLS
DREAM LOCATION Escape city life & discover your perfect retreat just 6 miles east of Great Falls, MT. This stunning property offers 150 acres of pristine land of which 111 is Box Elder Creek bottom meandering through it, pond teeming with wildlife, ducks and geese. 4 Bedrooms a Full Basement & Sauna, perfect for relaxation after a day outdoors house was painted in 2025 new granite counter tops in the kitchen Breathtaking Views of 1 mile of creek bottom, picturesque surroundings that change with the seasons. 2 Fireplaces for cozy winter nights. 60x25 Shop ideal for hobbies, storage,plus 4 Additional Outbuildings, making it an ideal spot for cattle or horses. Expansive Grass Fields rich, lush pasture perfect for livestock. This property is an equine lover’s paradise, with endless room for riding, grazing, and even wildlife watching. It’s a true sanctuary, offering the perfect balance of peace and natural beauty, with the convenience of being only a short drive from Great Falls. LAWN IRRIGATED FROM THE CREEK, 30 X 60 SHOP WITH OVERHEAD CHAIN HOIST, 100' X 24' BARN WITH CORRAL HOME IS HOT WATER HEAT AND AIR CONDITIONED

8377 Us Hwy 89, Great Falls

Listing courtesy of Listing Agent: Charlie Weber | charlieweberblkdiamond@gmail.com from Listing Office: Black Diamond Realty.

TBD 3rd Avenue S, Great Falls
$1,995,000
30065629 MLS
Exceptional 20-acre parcel located on the expanding east side of Great Falls, Montana, directly bordering the proposed The Falls master-planned development. The Falls is a planned large-scale mixed-use project anticipated to include residential, retail, office, hospitality, and open space components—positioning this property squarely in the path of long-term growth. Situated near Malmstrom Air Force Base and within one of the city’s most active development corridors, this site offers a rare opportunity to acquire a large, contiguous tract adjacent to transformative investment activity. As the east end continues to see infrastructure improvements and private development momentum, parcels of this size and positioning are becoming increasingly limited. Ideal for future development, industrial use, mixed-use concepts, contractor yard, or long-term land banking. Buyer to verify zoning, utilities, access, and permitted uses.

TBD 3rd Avenue S, Great Falls

Listing courtesy of Listing Agent: Scott Blumfield | scott@catalyst-cre.com from Listing Office: Catalyst Commercial.

board logoIDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.

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