Property profile

203 Railway Ryegate, MT 59074

OFF-MARKET
Commercial real estate
3,538 SF 0.92 ac lot Built 1953
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Property summary

AI-generated overview

This exceptional business opportunity presents a well-established grocery and convenience store ideally situated on Highway 12 East in Ryegate, Montana. Boasting over 3,538 square feet of retail space, this updated store serves as the sole grocery provider within a 30-mile radius, ensuring a consistent customer base. The property includes a substantial paved parking lot for customer convenience. Fuel storage is accommodated by two tanks with capacities of 12,000 and 5,000 gallons respectively. Internal features include three large coolers, a spacious 120-square-foot walk-in freezer, and a dedicated deli and food preparation area, allowing for diverse product offerings. The store currently offers a wide selection of groceries and unique gifts, catering to the local community's needs. The 0.92-acre lot provides ample space for operations and potential expansion. Note that the listed price of $720,000 excludes the current inventory, which will be subject to separate appraisal. This turnkey operation is nestled in a stunning recreational area, surrounded by the Musselshell River Valley, the Snowy Mountain Range, and Dead Man's Basin, a region known for its abundant wildlife, including trophy deer, antelope, and tiger muskie. This presents a unique opportunity to own a thriving business in a picturesque and desirable location.

Property profile

Verified
Property type Commercial real estate
Year built 1953
Total area 3,538 SF
Lot 0.92 ac (40,075 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

203 Railway Ryegate, MT 59074
Ryegate metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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