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Property profile & analytics
OFF-MARKET
Office Spaces

124 Main St Roy, MT 59471

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 124 Main Street in Roy, Montana, presents a unique investment opportunity. The 4,000+ square foot building, originally constructed in 1914 and extensively remodeled in 1998 and 2012, is offered at $350,000. The single-story structure boasts an eye-catching red tin exterior with white trim, ensuring low-maintenance appeal. Two 10-foot insulated garage doors facilitate easy loading and parking. Heating is provided by two 2022 propane heaters, supplemented by an electric radiant heater. Cooling is handled by two evaporating coolers. The building features updated electrical (2006) and plumbing (2006), LED lighting (2012), and preserved original tin ceilings. All equipment from the previous grocery store operation is included, representing a significant value-add. This includes extensive refrigeration (freezers, coolers, walk-in cooler), kitchen appliances (range, microwave, fryer, salad bar, etc.), a point-of-sale system, security system, and cash register. Approximately $50,000 worth of remaining hardware inventory is also included. Situated on two city lots, the property benefits from city water and sewer ($57.50/month), with estimated monthly electric costs of $600-$700 and annual propane usage around 250 gallons. Garbage collection is $160/month. The property's prime Main Street location in Roy, Montana, offers access to outdoor recreation opportunities and a strong sense of community. Roy's small-town charm, coupled with its proximity to Highway 191, the Missouri River, and various wildlife refuges, makes this a versatile property suitable for a variety of commercial ventures.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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