Property profile

26881 Us Hwy Carter, MT 59420

OFF-MARKET
Commercial real estate
5.03 ac lot Built 1916
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Property summary

AI-generated overview

This exceptional 5.03-acre commercial property located at 26881 US Hwy 87 in Carter, Montana, presents a unique investment opportunity. Currently operating as the Carter Bar and Grill, this established business boasts a prime location along a heavily trafficked highway, ensuring high visibility and customer access. The property underwent a complete renovation in 2001 and includes a fully equipped kitchen, ready to serve patrons. Recent upgrades include a new drain field and underground plumbing, paving the way for potential expansion. Imagine adding residential units or cabins to capitalize on the property's ample space and strategic location. The current operational hours of the bar and grill don't fully utilize its potential, suggesting significant room for growth and increased revenue. The sale includes a liquor license valid throughout Chouteau County, expanding business possibilities. Additional features include a security system, internet access, pre-wiring for Dish Network, and a concrete patio area. This turnkey operation offers a blend of established business and significant expansion potential, making it an attractive investment in a desirable location. The asking price is $245,000.

Property profile

Verified
Property type Commercial real estate
Year built 1916
Lot 5.03 ac (219,107 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

26881 Us Hwy Carter, MT 59420
Carter metro
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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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