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    OFF-MARKET
    Retail properties & Spaces

    0 The Ole’ Mercantile, Grass Range, MT 59032

    2.77 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 2.77 ac (120,661 SF)
    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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