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23 Highway 323

10,592 SF Retail Building Ekalaka, MT 59324 $1,482,000 ($140/SF) 18% Cap Rate

Investment Highlights

  • Incredible visibility along two major corridors
  • Multiple businesses operated from this facility with tremendous profitability and loads of growth potential
  • This is the only agricultural supply business in a large area

Executive Summary

Welcome to Ekalaka, Montana, where rich western heritage intertwines with modern agricultural innovation. As the seat of Carter County, this community stands as a beacon for farmers and ranchers across the region. At its core lies Fruit Service and Repair, Inc., a cornerstone of the local economy and one of the largest privately-owned enterprises in the area.
Fruit Service and Repair, Inc. is more than just a business; it's a comprehensive resource hub catering to all of the regions’ farming and ranching needs. From auto parts and ranch supplies to feed supplements, livestock essentials, and automotive care, they offer a diverse range of products and services. Whether you're in search of agronomy solutions, chemicals, fertilizers, or fuel, they have it covered.
In a community that prides itself on progressiveness, Fruit Service and Repair, Inc. stands as a testament to innovation and convenience—a one-stop destination for everyone in the area. Indeed, it's not just a business; it's an invaluable asset worth investing in.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Auto Repair
Building Size
10,592 SF
Building Class
C
Year Built
1978
Price
$1,482,000
Price Per SF
$140
Cap Rate
18%
NOI
$266,760
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
3.77 AC
Zoning
Commercial

About 23 Highway 323 , Ekalaka, MT 59324

Property Information: Lot Information: Lot Size: 2.46 +/- Acres, or 107,150 Sq. Ft. Lot Address: 23 E Hwy 323, Ekalaka, MT Legal Description: COS #123, NE ¼ NE ¼ South of Hwy in Sec. 32-2-58 Lot Surface: Concrete Apron and Fuel Facility, Gravel Surfaced Parking Lot Lot Location: Highway 323 frontage with excellent visibility MT Geo Code: 42-1168-32-1-05-11-T431 2023 Taxes: $3,674.50 Building Information: Fruit Service & Repair Center: Total Building Size: 12,990 Square Feet Retail Store: 3,200 Square Feet 40’ x 80’ Year Built: 1979 Heating/Air: Forced Air - Propane Foundation: Cement Slab Construction: Steel Frame and New Steel Exterior (2019) Roof: Steel Roof Bathrooms: 2 Extra: 12’ x 20’ Lean-To Cold Storage, Cement Slab, Wood Frame Shop Area: 1,840 Square Feet 40’ x 46’ Year Built: 1985 Heating/Air: Forced Air – Propane with Supplementary Oil Heater Foundation: Cement Slab Construction: Wood Frame and New Steel Exterior (2019) Roof: Steel Roof Interior: New interior facelift in 2008 Extra: 16’ x 40’ Lean-To Tire Storage and Shop (2008) Warehouse: 3,200 Square Feet 40’ x 80’ x 14’ Year Built: 2006 Heating/Air: Forced Air - Propane Foundation: Cement Slab Construction: Wood Frame and New Steel Exterior Roof: Steel Roof Interior: Insulated, O/H Door Additional Features: 60k Truck Scale, O/H Feed Storage Bin.. Downtown Location: Lot Information: Lot Size: .17 +/- Acres 7,500 Sq. Ft. or 50’ x 150’ Lot Address: 225 Main Street, Ekalaka, MT Legal Description: Citizen Addition, Block 4, Lot 36 Lot Surface: Concrete Lot Location: Main Street and Chicago Ave Intersection MT Geo Code: 42-1168-32-1-28-13-E603 2023 Taxes: $560.00 Building Information: T&M Standard: Total Building Size: Retail Store: 3,200 Square Feet 38’ x 25’ Year Built: 1955 Heating/Air: Forced Air - Propane Foundation: Cement Slab Construction: Block Roof: Steel Roof Bathrooms: 2

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4211683210510T431
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$19,635
  • Listing ID: 31879911

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: 23 Highway 323, Ekalaka, MT 59324

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