Property profile

0 The Ole’ Mercantile Grass Range, MT 59032

OFF-MARKET
Retail properties & Spaces
2.77 ac lot
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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

Location

The Ole’ Mercantile Grass Range, MT 59032
Grass Range metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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