Property profile

26881 Us Hwy Carter, MT 59420

OFF-MARKET
Mixed-use properties
5.03 ac lot Built 1916
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Property summary

AI-generated overview

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

Verified
Property type Mixed-use properties
Year built 1916
Lot 5.03 ac (219,107 SF)

Cap rate & NOI

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

Location

26881 Us Hwy Carter, MT 59420
Carter metro
Google Maps

Value estimations

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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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