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$895,000

1 Central Avenue E, Cascade MT, 59421

Price per sqftN/A
Built in1910
Property typeCommercial

Overview

Active

Listed Oct 1, 2026

Updated 1h ago

Own a remarkable piece of Cascade history with Cascade's original bank building, constructed in 1910 and thoughtfully restored for its next chapter. Situated on 10 city lots totaling approximately three-quarters of an acre, this distinctive property offers 140 feet of Missouri River frontage, excellent water access, a firepit, and a family picnic area. The 1,210-square-foot penthouse apartment features two bedrooms and one-and-a-half bathrooms, along with a new kitchen, windows, and flooring. Its open dining and living area showcases beautiful views of the Missouri River and the town of Cascade. The 1,210-square-foot main level - once the original bank lobby - offers a large, open space ready for a variety of possibilities. Imagine a bar, restaurant, retail store, brewery, art gallery, antique shop, event venue, or other unique business. The lower level adds even more flexibility with a two-bedroom, one-bathroom apartment. Additional amenities include a 24-by-24-foot garage and full RV hookups for three units. Most of the restoration work has already been completed, preserving the character and craftsmanship of this historic brick landmark while accommodating modern residential, commercial, and recreational uses. With two living spaces, flexible commercial potential, multiple RV sites, generous grounds, and direct river access, this is a rare opportunity to own one of Cascade's most historically significant properties. Built in 1910 for $17,000, this landmark property was Cascade's first bank and remains an important part of the town's history. Pioneer stockman and farmer C. H. Austin played a central role in organizing the bank and constructing its offices. The building occupies a single 25-by-125-foot city lot and measures an impressive 24 feet 11.5 inches wide, making full use of its narrow downtown footprint. During the bank's prime, the upper floor housed a dentist, a law office, and the local telephone operator - placing the building at the center of Cascade's commercial and civic life. The bank arose during a formative period for the community. Originally known as Dodge, the settlement was renamed Cascade in 1887, gained a bridge across the Missouri River in 1893, and incorporated in 1911. Serving a young town sustained by agriculture, livestock, transportation, and local commerce, this historic building offers a rare connection to the foundations of Cascade.

Additional information

MLS® ID
30079235

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.72 Acres

Other Property Details

Taxes
$3,660
Tax Frequency
Annually
View
Yes
Waterfront
Yes
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Courtesy of Montana's Best Realty

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