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    275 9 St Eureka, MT 59917

    Sponsored
    For Sale
    $557,000

    Profitable Turn-Key Business w/ Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional mixed-use property in Eureka, Montana, presents a unique investment opportunity. Located on a 0.32-acre corner lot at 275 9th Street, this 780 sq ft building currently operates as a thriving ice cream and food business, complete with all equipment included in the sale price of $557,000. The property boasts a 7.5% cap rate and benefits from a strong, captive market due to its location directly across from the local high school. Features include a drive-through window, a walk-up window, a bathroom, and a separate storage shed. The absence of covenants on this large corner lot, with access from two streets and an alley, allows for significant flexibility. Potential uses include continued operation of the existing business, conversion to office space, or development into a small residential unit or multi-family housing. The property was built in 2004 and is zoned for commercial use. Detailed financial information is available to qualified buyers upon execution of a non-disclosure agreement. This is a rare opportunity to acquire a profitable, established business with substantial land and development potential in a desirable Montana location. The zip code is 59917.

    Property Features for 275 9 St

    General Information

    Property type
    Land
    Lot Size
    13,939 SF

    Building Details

    Year Built
    2004

    HighLights

    • $557,000 asking price.
    • Mixed‑use property with 0.32‑acre lot in Eureka, MT.
    • 2004‑built, 780 sq ft building currently operating as an ice cream and food business, including all equipment.
    • 7.5% cap rate, corner lot with alley access, and no covenants.
    • Potential for residential conversion or expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Eureka
    County
    Lincoln
    State
    Montana
    Longitude
    -115.0520638
    Latitude
    48.8873966

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    FAQs

    What type of property is this?
    Land - Profitable Turn-Key Business w/ Land
    Where is this land located?
    The property is located at 275 9 St Eureka, MT.
    What is the asking price?
    The asking price for this property is $557,000.
    What are key features of this property?
    This property features: $557,000 asking price.; Mixed-use property with 0.32-acre lot in Eureka, MT.; 2004-built, 780 sq ft building currently operating as an ice cream and food business, including all equipment.
    Request Owner's contact information
    275 9 St Eureka, MT 59917
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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
    275 9 St Eureka, MT 59917
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