6410 Jackrabbit LnBelgrade, MT 59714

Property Details for 6410 Jackrabbit Ln

Year built

1977

Construction

WOOD

Lot size

1.03 AC

Property size (Sq ft)

3,677 SF

Zone code

6

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

06-0903-12-3-01-15-0000

APU

6090312301150000

Description

This exceptional investment opportunity presents the chance to acquire Chalet Market, a well-established Montana business operating since the 1970s. Located at 6410 Jackrabbit Ln, Belgrade, MT 59714, this Class A retail property boasts 3,667 square feet across two stories in a prime location just south of I-90's Belgrade interchange. The property features 158+ feet of frontage on Jackrabbit Avenue and is annexed into the City of Belgrade, connected to city water, though it currently utilizes a septic system. The business itself comprises a USDA-inspected meat plant, a deli offering house-made meats, soups, salads, and catering, a gift shop specializing in "Made in Montana" products, and a thriving online store shipping nationwide. The business has a proven track record of profitability, recognized by Google in their 2023 Economic Impact Report and with the gift shop earning "Retailer of the Year" in 2018 from the Montana Department of Commerce. The meat plant has also received multiple awards from the Montana Meat Processors Association. All fixtures, furniture, and equipment (FF&E) are included in the sale, with inventory valued separately at closing. The asking price is $2,175,000 ($593.13/sq ft). Owners are willing to provide training to ensure a smooth transition for the new owner. Detailed financials and a complete FF&E list are available upon request and execution of a non-disclosure agreement (NDA). This is a truly unique opportunity to own a turnkey business with significant growth potential and immediate cash flow.

• CAP approach

  CAP return

  Valuation

  6%

  $966,639

  6.5%

  $892,282

  7%

  $828,548

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,975,612

  Geo Method

  $1,975,612

• Alternative Use

  Use

  Valuation

  Residential

  $752,674

  Hospitality

  $689,445

  Educational

  $573,610

  Medical

  $593,338

  Retail

  $892,282

Location Insight

City

Belgrade

County

Gallatin

State

Montana

Latitude

45.7637

Longitude

-111.184

CBSA code

14580

CBSA name

BOZEMAN, MT MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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