222 Main St Circle, MT 59215
This exceptional investment opportunity presents two established retail businesses in Circle, MT: Circle Hardware & Appliance. Located at 222 Main St and 107 E. Main St, this thriving enterprise boasts a combined 10,378 square feet across two buildings on a 14,100 sq ft lot. The main hardware store, built in 1960 with recent upgrades including a new roof (2022), new windows, and fresh paint, features a steel frame and warehouse. Independently appraised at $345,000 in July 2023, it offers a wide selection of hardware, tools, building materials, and more. The second building, constructed in 1975, serves as the appliance store and warehouse, with approximately 25% retail space and 75% warehouse space. This building was independently appraised at $95,000 in July 2023. Both buildings are zoned commercial, situated in a prime Main Street location, outside of floodplains, and benefit from public utilities. The combined asking price for this turnkey operation, with 100% occupancy and a loyal customer base serving both Circle and surrounding rural areas, is $649,000. This presents a rare chance to acquire a well-established, profitable business with significant growth potential in a strong Montana community.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.