320 1st Street NW, Choteau, MT 59422
Teton County
Key Facts
Description
Own a Piece of Choteau History – Prime Downtown Commercial Opportunity!Rare 18,792 SF commercial building on nearly 1 acre in downtown Choteau. Built in 1949 with flexible zoning offering multi-family designation with small business grandfathering options for maximum versatility. Recent improvements include updated bathroom, majority of north wing repainted, new windows, three separate heating systems for tenant flexibility, and additional utility meters for future growth. Thoughtful updates maintain historic character. Ideal for mixed-use development combining retail, office, residential, or hospitality. Zoning allows apartment conversion or daycare facility. Basement provides storage, with additional parking for employees and customers. City water, sewer, natural gas, and forced air heating connected. Located in downtown Choteau with excellent visibility and foot traffic. Property benefits from Choteau's position as Gateway to Bob Marshall Wilderness, bringing steady tourism and stable local economy. Flexible floor plan accommodates single or multiple tenants. Don't miss this rare opportunity in Montana's Rocky Mountain Front!
Property Information
Property Type
Commercial Sale
Year Built
1949
Living Area
18,792 sq ft
Lot Size
0.98 acres
Zoning
See Remarks
MLS® Listing#
30074438
Property Features
Heating
Parking
Foundation
Utilities
Sewer
Financial Details
Annual Taxes
$5,921
Tax year 2026
Assessed Value
$450,625
Parcel Number
31348625130010000
Directions
Google Maps will take you directly to the property.
Affordability Calculator
$80,000
Estimated monthly payment
$2,129/mo
Principal $320,000 · Est. interest $446,428 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Choteau, MT
- $320,000
- Median Listing Price
- 78
- Median Days on Market
- 1,669
- Median Sq Ft
- $209
- Median Price / Sq Ft
- 16
- Active Listings
- This home’s price is 25% above the area median.
- Its price per sq ft is 90% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Choteau, MT.
Location
Points of Interest in Choteau, MT
Showing the Choteau area map.
Nearby Schools
Choteau High School
Secondary · 0.1 mi away
Fairfield School District
Elementary · 16.7 mi away
Fairfield High School
Secondary · 16.7 mi away
Golden Ridge School
Elementary · 16.9 mi away
Greenfield School
Secondary · 19.3 mi away
Dutton Brady Public School District
Secondary · 22.1 mi away
Dutton/Brady Elementary
Elementary · 22.1 mi away
Power High School
Secondary · 24.1 mi away
Augusta High School
Secondary · 24.1 mi away
Simms High School
Secondary · 25.1 mi away
Fort Shaw Elementary School
Elementary · 26.9 mi away
Miami School
Elementary · 27.0 mi away
Conrad High School
Secondary · 27.2 mi away
Meadowlark School
Elementary · 27.3 mi away
Utterback 6 School
School · 27.3 mi away
Prairie View School
School · 27.7 mi away
Dupuyer School
Elementary · 30.1 mi away
Cascade Colony School
Elementary · 30.9 mi away
Valier High School
Secondary · 34.3 mi away
Valier School District 18
Elementary · 34.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 212 4th Ave NE 4th Avenue NE, Choteau, MT | $299,000 | 3 | 2 | 1,648 |
| 206 4th Avenue SW, Choteau, MT | $325,000 | 3 | 2 | 1,032 |
| NHN 5th Lane NW, Choteau, MT | $350,000 | — | — | — |
| 805 3rd Street SW, Choteau, MT | $439,000 | 3 | 3 | 1,593 |
| 127 Mt Highway 221, Choteau, MT | $450,000 | — | — | — |
| 37 4th Avenue SW, Choteau, MT | $474,500 | 5 | 2 | 2,644 |
Moving Cost Estimate
EXIT Agents in Choteau
Listing Courtesy: Dustin Young and Company - 4062163130
Presented by: Sharlene Griffith
Last Updated: 2026-07-07