56609 Hwy Charlo, MT 59824
This mixed-use property in Charlo, Montana, presents a unique investment opportunity. The 0.321-acre lot features a storefront and warehouse building constructed in 1919, recently updated with $20,000 in improvements within the last six months. The established Charlo Grocery Store is included in the sale, offering a turnkey operation with a diverse inventory including groceries, produce, meat, hardware, fishing tackle, and a deli section serving pizza, ice cream, and hotdogs. The business includes a fully equipped butcher area with a meat slicer, grinder, and bandsaw. A new computer register system was installed in 2020, and the business is a member of Associated Grocery. The property boasts a three-car attached garage, ideal for unloading deliveries and providing additional storage. City sewer and water are connected, and ample street parking is available on Hwy 212, with additional parking behind the building. The building also features an old bank safe and additional rooms offering expansion potential for a restaurant or other uses. The sale includes the real estate, building, business, shelving, and walk-in coolers. Inventory is sold separately. Owner financing is available with 20% down, up to a 30-year term for qualified buyers. The property is located at 56609 Hwy 212, Charlo, MT 59824. Asking price is $999,000.
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
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.