Property summary
This exceptional mixed-use property, located at 26881 US Hwy 87 in Carter, Montana, presents a unique investment opportunity. The 5.03-acre lot houses the established Carter Bar and Grill, a business with significant upside potential. Built in 1916 and extensively renovated in 2001, the property boasts a full kitchen, ready to serve customers. Recent improvements include a new drain field and underground plumbing, paving the way for expansion. Imagine adding residential units or cabins to capitalize on the high traffic volume along Highway 87. The current operating hours don't fully utilize the property's potential, offering a chance for increased revenue. The property includes a security system, internet access, Dish Network pre-wiring, and a concrete patio. A significant advantage is the included liquor license, valid throughout Chouteau County, expanding business possibilities. This turnkey operation, priced at $295,000, is situated in the 59420 zip code and offers a compelling blend of existing business and future development possibilities. The property's prime location and existing infrastructure make it an attractive investment for entrepreneurs seeking a thriving Montana business.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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