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    56609 Hwy 212 Charlo, MT 59824

    Sponsored
    For Sale
    $999,000

    Turnkey Grocery Business, Owner Financing Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This mixed-use property in Charlo, Montana, presents a unique investment opportunity. The 0.321-acre lot features a storefront and warehouse building constructed in 1919, recently updated with $20,000 in improvements within the last six months. The established Charlo Grocery Store is included in the sale, offering a turnkey operation with a diverse inventory including groceries, produce, meat, hardware, fishing tackle, and a deli section serving pizza, ice cream, and hotdogs. The business includes a fully equipped butcher area with a meat slicer, grinder, and bandsaw. A new computer register system was installed in 2020, and the business is a member of Associated Grocery. The property boasts a three-car attached garage, ideal for unloading deliveries and providing additional storage. City sewer and water are connected, and ample street parking is available on Hwy 212, with additional parking behind the building. The building also features an old bank safe and additional rooms offering expansion potential for a restaurant or other uses. The sale includes the real estate, building, business, shelving, and walk-in coolers. Inventory is sold separately. Owner financing is available with 20% down, up to a 30-year term for qualified buyers. The property is located at 56609 Hwy 212, Charlo, MT 59824. Asking price is $999,000.

    Property Features for 56609 Hwy 212

    General Information

    Property type
    Individual retail properties
    Lot Size
    13,983 SF

    Building Details

    Year Built
    1919

    HighLights

    • Mixed‑use property on a 0.321‑acre lot in Charlo, MT.
    • Turnkey grocery store business included, featuring diverse inventory and deli.
    • Recently updated building (1919 construction) with $20,000 in improvements.
    • Three‑car attached garage plus ample street and rear parking.
    • City sewer and water; owner financing available (20% down, up to 30‑year term).
    • Asking price: $999,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Charlo
    County
    Lake
    State
    Montana
    Longitude
    -114.1726338
    Latitude
    47.4383814

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    FAQs

    What type of property is this?
    Individual retail property - Turnkey Grocery Business, Owner Financing Available
    Where is this individual retail property located?
    The property is located at 56609 Hwy 212 Charlo, MT.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: Mixed-use property on a 0.321-acre lot in Charlo, MT.; Turnkey grocery store business included, featuring diverse inventory and deli.; Recently updated building (1919 construction) with $20,000 in improvements.
    Request Owner's contact information
    56609 Hwy 212 Charlo, MT 59824
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    Charlo, MT 59824
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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
    56609 Hwy 212 Charlo, MT 59824
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