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    54181 Us-2 Glasgow, MT 59230

    Sponsored
    For Sale
    Contact for pricing

    Vacant 15,244 SF Grocery Building

    Property size:
    15,244 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity presents a vacant, 15,244-square-foot freestanding grocery store building situated on a substantial 42,250-square-foot lot. Located at 54181 US Highway 2 in Glasgow, Montana, this single-story, 1962-built structure boasts a prime location at a full-signal intersection, offering excellent visibility and accessibility from both Highway 2 and 7th Street North. The property's former use as an Albertson's grocery store speaks to its established retail potential. The building is currently vacant, presenting a blank canvas for a new tenant or owner-operator. The lease type is NNN (Net, Net, Net), meaning the tenant is responsible for most operating expenses. The property consists of a single unit, making it ideal for a variety of retail uses. Its strategic location in Valley County, Montana, zip code 59230, provides access to a significant customer base. This is a rare chance to acquire a well-positioned, sizable retail space in a thriving Montana community. The property's size and location make it an attractive investment for both established businesses and new ventures seeking a strong foothold in the Glasgow market. The ample lot size offers potential for expansion or additional development. This is a turnkey opportunity for an investor or business owner looking to establish a presence in a high-traffic area.

    Property Features for 54181 Us-2

    General Information

    Property type
    Individual retail properties
    Square Feet
    15,244 SF

    Building Details

    Year Built
    1962
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 15,244 SF vacant grocery store building on a 42,250 SF lot.
    • Located at a signalized intersection of US Highway 2 and 7th Street North in Glasgow, MT.
    • High visibility and accessibility from Highway 2 and 7th Street North.
    • Former Albertsons location; NNN lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    Glasgow
    County
    Valley
    State
    Montana
    Longitude
    -106.6366283
    Latitude
    48.1974298

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Individual retail property - Vacant 15,244 SF Grocery Building
    Where is this individual retail property located?
    The property is located at 54181 Us-2 Glasgow, MT.
    What are key features of this property?
    This property features: 15,244 SF vacant grocery store building on a 42,250 SF lot.; Located at a signalized intersection of US Highway 2 and 7th Street North in Glasgow, MT.; High visibility and accessibility from Highway 2 and 7th Street North.
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    54181 Us-2 Glasgow, MT 59230
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    Glasgow, MT 59230
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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
    54181 Us-2 Glasgow, MT 59230
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