Property profile

402 Central Ave Fairfield, MT 59436

OFF-MARKET
Turn key restaurants
Property ID
US52-0762687
8,000 SF 0.16 ac lot Built 1950
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use property at 402 Central Avenue in Fairfield, Montana, presents a compelling investment opportunity. Built in 1950, this storefront sits on a 0.161-acre lot and offers a versatile space ideal for a variety of commercial uses, including restaurant, bakery, or retail. The asking price is $325,000. Its prime corner location in the heart of Fairfield ensures high visibility and accessibility, benefiting from significant foot and vehicle traffic. The property's history as a long-standing community business (operating for over 50 years) provides a strong foundation for continued success. The building's age suggests potential for renovation or modernization to enhance its functionality and appeal to a wide range of potential tenants or owner-operators. The property's mixed-use designation allows for flexibility in its operation, potentially accommodating multiple businesses or a combination of commercial and residential uses, subject to local zoning regulations. This is a rare opportunity to acquire a well-established commercial property in a thriving Montana community. The 59436 zip code offers easy access to local amenities and transportation routes. Serious inquiries are encouraged to explore the potential of this unique investment.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction WOOD
Total area 8,000 SF
Lot 0.16 ac (7,013 SF)
Zoning code 6
APN 31-3251-34-3-15-12-0000
UPID US52-0762687

Cap rate & NOI

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

Location

402 Central Ave Fairfield, MT 59436-6505
Fairfield metro Census 200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k

Owner & transaction history

Zoning & alternative use

6 · Fairfield, MT

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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