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    401 Central Ave Fairfield, MT 59436

    Sponsored
    For Sale
    $900,000

    Thriving Montana Grocery Business

    Property size:
    3,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This established Fairfield, MT grocery store, located at 401 Central Ave, presents a unique owner-user investment opportunity. Built in 1920 and boasting 3,250 square feet on a 0.161-acre lot (APN: 31325134322020000), the property is zoned commercial and enjoys 100% occupancy. Recent upgrades include a new roof (2018) and new coolers & compressors (2020), minimizing immediate capital expenditures. The asking price is $900,000 ($276.92/sq ft). The business offers a full range of grocery services, including fresh meat and produce, hunting & fishing licenses, and cold beverages. A basement provides ample storage, and a private office adds convenience. This well-established business benefits from a loyal customer base in a prime Central Ave location. The property's history adds to its charm and potential, making it an attractive investment for an entrepreneur seeking a turnkey operation in a thriving community. This single-tenant retail space represents a solid investment in a well-loved community staple. The property's strong performance and recent upgrades make it a compelling opportunity for immediate income generation and long-term growth.

    Property Features for 401 Central Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,250 SF
    Lot Size
    7,013 SF

    Building Details

    Year Built
    1920

    HighLights

    • Established Fairfield, MT grocery store, 3,250 SF on a 0.161‑acre lot (APN: 31325134322020000), zoned commercial.
    • 100% occupancy with recent upgrades including a new roof (2018) and coolers/compressors (2020).
    • Asking price: $900,000 ($276.92/SF).
    • Full‑service grocery store with basement storage and private office.
    • Prime Central Ave location with loyal customer base.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Building Supply Auto Repair Shop Spa & Massage Dental Office Hotel & Motel Pharmacy Gym & Fitness Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fairfield
    County
    Teton
    State
    Montana
    Longitude
    -111.98088006096
    Latitude
    47.614625193826

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Individual retail property - Thriving Montana Grocery Business
    Where is this individual retail property located?
    The property is located at 401 Central Ave Fairfield, MT.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Established Fairfield, MT grocery store, 3,250 SF on a 0.161-acre lot (APN: 31325134322020000), zoned commercial.; 100% occupancy with recent upgrades including a new roof (2018) and coolers/compressors (2020).; Asking price: $900,000 ($276.92/SF).
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    401 Central Ave Fairfield, MT 59436
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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
    401 Central Ave Fairfield, MT 59436
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