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    OFF-MARKET
    Retail properties & Spaces

    54181 Us-2, Glasgow, MT 59230

    15,244 SF Built 1962
    Property ID
    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
    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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