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    Property profile

    239 Main St Shelby, MT 59474

    FOR SALE
    Retail space
    Property ID
    US52-0517770
    5,932 SF 0.14 ac lot Built 1923
    Entity Owned Absentee Owner Free & Clear
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    239 Main St, Shelby, MT 59474 For Sale 1 / 28
    $400,000 5,932 SF
    239 Main St, Shelby, MT 59474
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    Property summary

    AI-generated overview

    This property is a hospitality and retail-use building that includes a lounge and restaurant, with a corrugated-wrapped bar in the lounge and warm lighting and decor throughout the dining area. The configuration is designed to operate as a bar/restaurant and includes a full liquor license, along with furnishings and built-in fixtures such as a selection of appliances and decor. The building is located on Main Street in Shelby, Montana, and includes an additional beauty shop space on the corner that is connected to the lounge and historically operated under the same long-term tenant arrangement. The broader setting is Shelby, the county seat of Toole County in north-central Montana, located near the intersection of Interstate I-15 and Highway 2, with rail service from the Burlington Northern/Santa Fe line; nearby regional attractions include the Carousel Rest Area, Marias Valley Golf and Country Club, and Tiber Dam–Lake Elwell.

    Property profile

    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1923
    Construction WOOD
    Total area 5,932 SF
    Lot 0.14 ac (6,316 SF)
    Zoning code 1
    APN 21-4424-27-2-26-21-0000
    UPID US52-0517770

    Cap rate & NOI

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

    Current use

    Occupant on record · Public records
    • Restaurant
    1 occupant on record

    Location

    239 Main St Shelby, MT 59474
    Shelby metro Census 200
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
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    by Request
    CAP Approach CAP
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    Blend (final) Blend
    $545k

    Owner & transaction history

    Zoning & alternative use

    1 · Shelby, MT

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation by Request
      8,733 SF
      228 Main St, Unit 1
      RETAIL STORES (PERSONAL SERVICES)
      228 Main St, Shelby, MT 59474-1910
      View Details
    • Value Estimation by Request
      4,620 SF
      209 Main St
      RETAIL STORES (PERSONAL SERVICES)
      209 Main St, Shelby, MT 59474-1911
      View Details
    • Value Estimation by Request
      3,197 SF
      140 Main St
      RETAIL STORES (PERSONAL SERVICES)
      140 Main St, Shelby, MT 59474-1908
      View Details
    • Value Estimation by Request
      1,630 SF
      623 Oilfield Ave
      RETAIL STORES (PERSONAL SERVICES)
      623 Oilfield Ave, Shelby, MT 59474-1638
      View Details
    • Value Estimation by Request
      1,952 SF
      400 Main St
      RETAIL STORES (PERSONAL SERVICES)
      400 Main St, Shelby, MT 59474-1912
      View Details
    • Value Estimation by Request
      1,800 SF
      225 Main St
      RETAIL STORES (PERSONAL SERVICES)
      225 Main St, Shelby, MT 59474-1911
      View Details

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    • $400,000
      0.15 Acres
      Bar and Restaurant with Full Liquor License
      Corrugated wrapped bar and restaurant dining space with a full liquor license and public water service.
      239 Main Street, Shelby, MT 59474
      View Details
    • New
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    Similar Nearby for Lease

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      Land
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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