Property profile

54181 Us-2 Glasgow, MT 59230

OFF-MARKET
Retail properties & Spaces
15,244 SF Built 1962
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Property summary

AI-generated overview

This exceptional retail opportunity presents a vacant, 15,244-square-foot freestanding grocery store building situated on a substantial 42,250-square-foot lot. Located at 54181 US Highway 2 in Glasgow, Montana, this single-story, 1962-built structure boasts a prime location at a full-signal intersection, offering excellent visibility and accessibility from both Highway 2 and 7th Street North. The property's former use as an Albertson's grocery store speaks to its established retail potential. The building is currently vacant, presenting a blank canvas for a new tenant or owner-operator. The lease type is NNN (Net, Net, Net), meaning the tenant is responsible for most operating expenses. The property consists of a single unit, making it ideal for a variety of retail uses. Its strategic location in Valley County, Montana, zip code 59230, provides access to a significant customer base. This is a rare chance to acquire a well-positioned, sizable retail space in a thriving Montana community. The property's size and location make it an attractive investment for both established businesses and new ventures seeking a strong foothold in the Glasgow market. The ample lot size offers potential for expansion or additional development. This is a turnkey opportunity for an investor or business owner looking to establish a presence in a high-traffic area.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1962
Total area 15,244 SF

Cap rate & NOI

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

Location

54181 Us-2 Glasgow, MT 59230
Glasgow 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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