Convenience Store Business with Two Leased
For Sale
Contact for pricing
615 Helena Ave, Helena, MT 59601
Business sale includes FF&E for two convenience store locations selling tobacco, snacks, soft drinks, and novelty items.
Property Size3,230 SF
Price / SF$232.20
Days on Market254
Property Features for 615 Helena Ave
General Information
Standard status
Active
Size
3,230 SF
Property subtype
RETAIL
Additional Details
Business Included
Yes
Listing Agency:
Coldwell Banker Commercial | Green & Green
(406) 465-9936
Listed By:
Tyler Warne · License #98724
Source:
Moodyscre
Added: Nov 19, 2025
Changed: Jul 25
Last Checked: Jul 31 at 12:43PM
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 Coldwell Banker Commercial | Green & Green
Investment Insights
Based on property information with market context.
This for-sale business consists of two convenience store locations. Both stores sell beer, wine, cigarettes, cigars, tobacco, soft drinks, snacks, novelty items, gifts, and hot sauce. The Man Store specializes in specialty cigars, with operations supported by an owner-operator and a staffed sales and service team.
The sale is for the business only and includes FF&E; inventory is paid in addition. Both locations are leased, with the Helena building available for purchase separately, while the East Helena location will continue to be leased.
The business is offered as an operating package across two retail locations with access, parking, and visibility identified as strong points in the remarks.
The sale is for the business only and includes FF&E; inventory is paid in addition. Both locations are leased, with the Helena building available for purchase separately, while the East Helena location will continue to be leased.
The business is offered as an operating package across two retail locations with access, parking, and visibility identified as strong points in the remarks.
Key Highlights
- Two convenience store business locations selling beer, wine, cigarettes, cigars/tobacco, soft drinks, snacks, and novelty items.
- Man Store specializes in specialty cigars and is known for specialty cigars.
- Business is managed by an owner‑operator with staff handling customer sales and service.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.1k | $18.00 |
| − Vacancy | −$1.7k | −$0.54 |
| EGI | $56.4k | $17.46 |
| − OpEx | −$14.1k | −$4.37 |
| NOI | $42.3k | $13.10 |
3,230 SF · lease $18.00/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$604.2K
$528.7K – $705.0K
NOI $42,297 @ 7.0% cap · market cap 5.64%
Second Best
Retail
$601.6K
$526.4K – $701.8K
NOI $42,109 @ 7.0% cap · market cap 5.61%
Theoretical Best
Office A
$701.7K
$614.0K – $818.6K
NOI $49,117 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
16k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 33%
Home Improvements & Furnishings 11%
Hotels & Casinos 5%
Conoco
Shops & Services
4,479 visits/mo
0.5 miles
Great Harvest Bread Co.
Dining
3,444 visits/mo
0.4 miles
Franz Bakery Outlet
Dining
1,836 visits/mo
0.4 miles
Sherwin-Williams Paint Store
Home Improvements & Furnishings
1,787 visits/mo
0.4 miles
Jackson Hewitt Tax Service
Shops & Services
1,608 visits/mo
0.4 miles
Demographics for 59601, MT
30,848
Population
15,937
Households
1.9
Avg Household Size
41
Median Age
51%
College-Educated
96%
High-School Grad
130.2 sq mi
ZIP Area
237
Density / Sq Mi
$70,502
Median Household Income
$44,000
Median Earnings
$1,023
Median Rent
$355,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Van's Thriftway — 306 Euclid Ave, Helena, MT 59601
- Real Food Market & Deli — 1096 Helena Ave, Helena, MT 59601
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Business sale includes FF&E for two convenience store locations selling tobacco, snacks, soft drinks, and novelty items.
Where is this grocery and convenience store located?
The property is located at 615 Helena Ave Helena, MT.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Two convenience store business locations selling beer, wine, cigarettes, cigars/tobacco, soft drinks, snacks, and novelty items.; Man Store specializes in specialty cigars and is known for specialty cigars.; Business is managed by an owner‑operator with staff handling customer sales and service.
