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Three-Store Grocery Portfolio
New
For Sale
$4,400,000

21 1st NE, Choteau, MT 59422

Three established grocery stores include fresh meat and produce departments, inventory, and transferable operational licenses.

Property Size11,518 SF
Price / SF$382.01
Days on Market5

Property Features for 21 1st NE

General Information

Standard status Active
Size 11,518 SF
Zoning C

Additional Details

Business Included Yes
Liquor License Yes

Building Details

Building Size 11,518 SF
Year Built 1985
Listing Agency: Keller Williams Capital Realty
Listed By: Mitchell Peters · License #RRE-RBS-LIC-45231
Source: Purewestrealestate
Added: Aug 16 Changed: Aug 17 Last Checked: Aug 20 at 5:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Capital Realty

Investment Insights

Based on property information with market context.

This offering includes three grocery and convenience stores serving Choteau, Fairfield, and Stanford, Montana: Rexs Market, R&L Eagle Grocery, and Ds Supermarket. The properties comprise four lots totaling 1.56 acres in Choteau, one lot totaling 0.161 acres in Fairfield, and four lots totaling .95 acres in Stanford. The reported property size is 11,518 square feet, with improvements dating to 1985. Zoning is identified as C.

Store features include fresh meat and produce departments, and inventory is included with the offering. Transfer of the off-premise liquor and lottery licenses is required. Continued grocery supply service involves Associated Food Stores, with buyer coordination required. WIC and EBT participation is identified, and DSD credit application approval is required. The Choteau property is located at 21 1st NE, Choteau, MT 59422.

Key Highlights

  • Three grocery and convenience stores in Choteau, Fairfield, and Stanford, Montana
  • Choteau location includes 4 lots totaling 1.56 acres
  • Fairfield location includes 1 lot totaling 0.161 acres

Property Analytics

Current Use

Leavitt Great West Insurance Agency Fish & Game Department Sustainability Organization Cheri Peterson Foster Care Service New Leaf Massage Alternative Medicine Practice

Suggested Use

Top Pick Electrical Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Pet Grooming Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby
Well-served
Demand for This Use

Demographics for 59422, MT

2,738
Population
1,347
Households
2
Avg Household Size
47
Median Age
25%
College-Educated
91%
High-School Grad
1,190.6 sq mi
ZIP Area
2
Density / Sq Mi
$64,479
Median Household Income
$25,842
Median Earnings
$717
Median Rent
$224,300
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Three established grocery stores include fresh meat and produce departments, inventory, and transferable operational licenses.
Where is this grocery and convenience store located?
The property is located at 21 1st NE Choteau, MT.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Three grocery and convenience stores in Choteau, Fairfield, and Stanford, Montana; Choteau location includes 4 lots totaling 1.56 acres; Fairfield location includes 1 lot totaling 0.161 acres
More about this property
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