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Multi-Store Grocery Portfolio
For Sale
$4,400,000

29 1st Street, Choteau, MT 59422

CommercialSale, Choteau, MT

Property SizeContact for details
Lot Size1.56 Acres
Days on Market113

Property Features for 29 1st Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Zoning description Commercial
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
Standard status Active
APN 31348625141060000
Lot size 1.56 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Rex's Market: CHOTEAU, S25, T24 N, R05 W, BLOCK 011, LTS 7-12 AND VACATED PT OF 2 S T NE (80 FT), FAIRFIELD ORIGINAL TOWNSITE, S34, T22 N, R03 W, BLOCK 008, Lot 013, LTS 13-14 STANFORD ORIGINAL TOWNSITE, S16, T16 N, R12 E, BLOCK 006, Lot 005 = .08 acre. STANFORD ORIGINAL TOWNSITE, S16, T16 N, R12 E, BLOCK 006, Lot 003 - 004 = 0.161 acre STANFORD ORIGINAL TOWNSITE, S16, T16 N, R12 E, BLOCK 6, Lot 16 = 0.161 acre STANFORD ORIGINAL TOWNSITE, S16, T16 N, R12 E, BLOCK 6, Lot 17 - 19 = .55 acres
Legal Description Rex's Market: CHOTEAU, S25, T24 N, R05 W, BLOCK 011, LTS 7-12 AND VACATED PT OF 2 S T NE (80 FT), FAIRFIELD ORIGINAL TOWNSITE, S34, T22 N, R03 W, BLOCK 008, Lot 013, LTS 13-14 STANFORD ORIGINAL TOWNSITE, S16, T16 N, R12 E, BLOCK 006, Lot 005 = .08 acre. STANFORD ORIGINAL TOWNSITE, S16, T16 N, R12 E, BLOCK 006, Lot 003 - 004 = 0.161 acre STANFORD ORIGINAL TOWNSITE, S16, T16 N, R12 E, BLOCK 6, Lot 16 = 0.161 acre STANFORD ORIGINAL TOWNSITE, S16, T16 N, R12 E, BLOCK 6, Lot 17 - 19 = .55 acres
Listing Agency: Keller Williams Capital Realty · Keller Williams Realty
Listed By: Brenda Stark · License #RRE-RBS-LIC-70893
Added: May 1 Changed: Aug 21 Last Checked: Aug 21 at 4:06AM
MLS# 30069121

Copyright © 2026 Montana Regional 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 offering includes three established grocery businesses: Rex’s Market in Choteau, R&L Eagle Grocery in Fairfield, and D’s Supermarket in Stanford. The stores feature fresh meat and produce departments, with inventory included in the sale. Commercial zoning is identified for the property, and Rex’s Market is located at 29 1st Street in Choteau.

The businesses include an off-premise liquor license and lottery license, both requiring transfer. Continued service from Associated Food Stores will require coordination by the buyer. WIC and EBT participation is referenced, with DSD credit application approval required; Montana law provides 10 days to pay alcohol deliveries. The portfolio includes four Choteau lots totaling 1.56 acres, one Fairfield lot totaling 0.161 acres, and four Stanford lots totaling .95 acres.

Key Highlights

  • Three established grocery businesses in Choteau, Fairfield, and Stanford, Montana
  • Rex’s Market includes 4 lots totaling 1.56 acres in Choteau
  • D’s Supermarket includes 4 lots totaling .95 acres in Stanford

Property Analytics

Current Use

Rex's Market Grocery & Convenience Store Redbox Cinema

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 businesses with fresh food departments, included inventory, and commercial zoning across Montana communities.
Where is this grocery and convenience store located?
The property is located at 29 1st Street 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 established grocery businesses in Choteau, Fairfield, and Stanford, Montana; Rex’s Market includes 4 lots totaling 1.56 acres in Choteau; D’s Supermarket includes 4 lots totaling .95 acres in Stanford
More about this property
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