Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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