0 The Ole’ Mercantile, Grass Range, MT 59032
This exceptional Montana retail property, "The Ole' Mercantile," is listed at $899,999 and sits on a generous 2.77-acre lot in Grass Range, Fergus County (zip code 59032). Its strategic location at the intersection of Highways 87 and 200 ensures high visibility and accessibility. The property includes a thriving retail business currently generating substantial income, offering a diverse range of goods, supplies, and food, supported by ample refrigeration (freezers and coolers). Two upstairs apartments provide additional income streams. A valuable liquor license is included, with the potential to add gaming. Further income is generated from a gas/diesel pump lease. The property also features RV hookups, catering to both business and leisure travelers. The strong existing employment base in the area, coupled with the potential to expand the business by adding a bar/restaurant, presents a significant opportunity for increased profitability. This turnkey operation offers a compelling investment opportunity for those seeking a high-return, established business in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.