For Sale
$1,100,000

6287 Hwy 83Condon, MT 59826

Established Bar & Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional business opportunity presents a well-established bar and restaurant located at 6287 Hwy 83 N in Condon, Montana. Boasting 4,554 square feet of usable space, this property sits on a 1.66-acre lot and includes a 624 square foot cabin, ideal for owner use or rental income. The property features a full bar, restaurant, casino gaming machines, outdoor patio seating, and amenities such as mini golf, cornhole, and horseshoes, catering to a diverse clientele. The business enjoys a 12-month season, attracting tourists, travelers, fishermen, hunters, and snowmobilers throughout the year. High traffic counts of 1975 vehicles per day on Highway 83 ensure consistent customer flow. The interior includes a private dining room and a spacious area for events, further enhanced by an outdoor party tent. The business also offers weekly prime rib dinners, bingo nights, and karaoke, fostering a strong local following. The asking price is $1,100,000, with a 12% cap rate and 100% occupancy. Built in 1975, the property has undergone numerous updates and improvements. Licenses and future booked events are included in the sale. Inventory is negotiable, and a full list of furniture, fixtures, and equipment is available upon request. This turnkey operation offers a unique blend of established success and significant growth potential.

Highlights

  • Established bar and restaurant on 1.66-acre lot in Condon, MT.
  • 4,554 SF building with 624 SF cabin.
  • Includes full bar, restaurant, casino gaming machines, outdoor patio, mini golf, cornhole, and horseshoes.
  • High traffic location (1975 VPD on Hwy 83), year-round business.
  • Asking price: $1,100,000, 12% cap rate, 100% occupancy.

Property Details for 6287 Hwy 83

Property type
Retail properties, Bars
Square Feet
4,554 SF
Year Built
1975
Lot Size (sq. ft)
72,310 SF

Location Insight

City
Condon
County
Missoula
State
Montana
Latitude
47.4760083
Longitude
-113.6038185
6287 Hwy 83, Condon, Montana

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6287 Hwy 83
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