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    203 Railway Ryegate, MT 59074

    For Sale
    $720,000

    Thriving business, high-traffic location, ample inventory.

    Property size:
    3,538 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional business opportunity presents a well-established grocery and convenience store ideally situated on Highway 12 East in Ryegate, Montana. Boasting over 3,538 square feet of retail space, this updated store serves as the sole grocery provider within a 30-mile radius, ensuring a consistent customer base. The property includes a substantial paved parking lot for customer convenience. Fuel storage is accommodated by two tanks with capacities of 12,000 and 5,000 gallons respectively. Internal features include three large coolers, a spacious 120-square-foot walk-in freezer, and a dedicated deli and food preparation area, allowing for diverse product offerings. The store currently offers a wide selection of groceries and unique gifts, catering to the local community's needs. The 0.92-acre lot provides ample space for operations and potential expansion. Note that the listed price of $720,000 excludes the current inventory, which will be subject to separate appraisal. This turnkey operation is nestled in a stunning recreational area, surrounded by the Musselshell River Valley, the Snowy Mountain Range, and Dead Man's Basin, a region known for its abundant wildlife, including trophy deer, antelope, and tiger muskie. This presents a unique opportunity to own a thriving business in a picturesque and desirable location.

    Property Features for 203 Railway

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,538 SF
    Lot Size
    40,075 SF

    Building Details

    Year Built
    1953
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ryegate
    County
    Golden Valley
    State
    Montana
    Longitude
    -109.2547
    Latitude
    46.29755

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving business, high-traffic location, ample inventory.
    Where is this commercial real estate located?
    The property is located at 203 Railway Ryegate, MT.
    What is the asking price?
    The asking price for this property is $720,000.
    (406) 437-8224
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    203 Railway Ryegate, MT 59074
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    203 Railway Ryegate, MT 59074
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