Property profile

429 2nd S Ave Glasgow, MT 59230

OFF-MARKET
Retail space
Property ID
US52-0616749
2,760 SF 0.09 ac lot Built 1914
Individually Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 3,900 square foot office building, located at 429 2nd Avenue South in Glasgow, Montana, presents a unique investment opportunity. The property, zip code 59230, boasts a rich history as the home of Glasgow Flower and Gift, a thriving business continuously operating since 1933. This well-established enterprise has earned recognition, receiving the Business of the Year award in 2013, a testament to its strong reputation and loyal customer base. The business offers a diverse range of products and services, including fresh flowers, an extensive selection of gifts, and custom floral arrangements, catering to a wide variety of needs. The building itself is exceptionally well-maintained, reflecting the pride of ownership and benefiting from recent updates. This turnkey operation is ready for a new owner to step in and continue its legacy of success. The asking price for this remarkable property is $386,000. This presents a rare chance to acquire a profitable, established business with a strong track record in a desirable location. The property is situated in Glasgow, MT, within Hill County (county code 30105), offering excellent visibility and accessibility.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1914
Construction WOOD
Total area 2,760 SF
Lot 0.09 ac (3,920 SF)
Zoning code 1
APN 20-4030-12-3-21-11-0000
UPID US52-0616749

Cap rate & NOI

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

Location

429 2nd S Ave Glasgow, MT 59230-2318
Glasgow metro Census 100500
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
$560k

Owner & transaction history

Zoning & alternative use

1 · Glasgow, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 429 2nd S Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message