Three-Location Grocery
For Sale
$4,400,000
21 1st NE, Choteau, MT 59422
CommercialSale, Choteau, MT
Property Size11,518 SF
Price / SF$382.01
Days on Market120
Property Features for 21 1st NE
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
commercial
Zoning description
C
Directions
Rex's Market, 29 1st St NE, Choteau, MT 59422 D's Supermarket, 82 Central Ave, Stanford, MT R & L Eagle Grocery, 401 Central Ave, Fairfield, MT
Subdivision
12M - Other Montana Counties
Standard status
Active
APN
0000015678
Size
11,518 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
CHOTEAU ORIGINAL TOWNSITE, S25, T24 N, R05 W, BLOCK 011, LTS 7-12 AND VACATED PT OF 2 S T NE (80 FT)
Tax Annual Amount
7228
Legal Description
CHOTEAU ORIGINAL TOWNSITE, S25, T24 N, R05 W, BLOCK 011, LTS 7-12 AND VACATED PT OF 2 S T NE (80 FT)
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1985
Listing Agency:
Keller Williams Capital Realty · Keller Williams Realty
(406) 449-2181
Listed By:
Mitchell Peters · License #RBS-45231
(406) 868-7705
Added: May 1
Changed: Aug 19
Last Checked: Aug 28 at 7:06PM
MLS# 414098
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This grocery business portfolio includes Rex's Market in Choteau, R&L Eagle Grocery in Fairfield, and D's Supermarket in Stanford. The operations include fresh meat and produce departments, inventory, and established grocery retail facilities. The Choteau property at 21 1st NE includes 11,518 square feet, was built in 1985, and is served by public water and public sewer.
The three locations occupy separate land holdings: Rex's Market includes four lots totaling 1.56 acres, R&L Eagle Grocery occupies one lot measuring 0.161 acres, and D's Supermarket includes four lots totaling 0.95 acres. The stores also have off-premise liquor and lottery licenses subject to transfer, with WIC and EBT participation noted. Continued supply service through Associated Food Stores requires buyer coordination, and DSD credit application approval is required within 10 days under Montana law for alcohol deliveries.
The three locations occupy separate land holdings: Rex's Market includes four lots totaling 1.56 acres, R&L Eagle Grocery occupies one lot measuring 0.161 acres, and D's Supermarket includes four lots totaling 0.95 acres. The stores also have off-premise liquor and lottery licenses subject to transfer, with WIC and EBT participation noted. Continued supply service through Associated Food Stores requires buyer coordination, and DSD credit application approval is required within 10 days under Montana law for alcohol deliveries.
Key Highlights
- Three grocery locations: Rex's Market, R&L Eagle Grocery, and D's Supermarket
- Rex's Market includes 4 lots totaling 1.56 acres in Choteau, MT
- R&L Eagle Grocery occupies 1 lot measuring 0.161 acres in Fairfield, MT
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Operating grocery stores feature fresh meat, produce, inventory, and transferable licensing opportunities across three Montana communities.
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 locations: Rex's Market, R&L Eagle Grocery, and D's Supermarket; Rex's Market includes 4 lots totaling 1.56 acres in Choteau, MT; R&L Eagle Grocery occupies 1 lot measuring 0.161 acres in Fairfield, MT
