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    OFF-MARKET
    Turn key restaurants

    700 9th W St, Columbia Falls, MT 59912-3823

    1,780 SF 0.29 ac lot Built 1993
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US52-0207428
    Property summary
    AI-generated overview

    This exceptional mixed-use property in Columbia Falls, Montana, presents a unique investment opportunity. Encompassing three buildings on a 0.52-acre lot at 700 9th Street W (and 624 9th Street W), this offering includes a thriving drive-thru coffee stand (Ghostland Grounds), a restaurant building with both indoor and outdoor patio seating currently operating as a commissary kitchen, and a separate 864 square-foot insulated shop. The commissary kitchen is fully equipped with two kitchen areas, a walk-in cooler, and a walk-in freezer, providing ample space for culinary entrepreneurs. The property's strategic location offers easy access to Highway 2, boasting an average daily traffic count of 22,000 vehicles, and provides secondary access via 10th Street W. Built in 1993, this three-unit complex is ideally suited for a variety of uses, potentially including expansion of the existing businesses or redevelopment into a fast-food restaurant given the combined lot size. The asking price is $1,189,000. This property represents a compelling investment in a growing Montana community. The zip code is 59912.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1993
    Construction WOOD
    Total area 1,780 SF
    Lot 0.29 ac (12,502 SF)
    APN 07-4186-17-2-01-55-0000
    UPID US52-0207428
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Ghostland Grind Espresso Cafe & Coffee Shop
    • Toastie Cafe & Coffee Shop
    • Ghostland drive thru Espresso Cafe & Coffee Shop
    • Ghostland Kitchen Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kevin Rosenjack · 5 yrs held
    Kevin Rosenjack
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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