117 Main StBridger, MT 59014

  • Turn key restaurants
  • 2,784 SF
For Sale
$1,100,000 View listing

Property Details for 117 Main St

Year built
1926
Construction
WOOD
Lot size
0.11 AC
Property size (Sq ft)
2,784 SF
Zone code
1
Property type
Turn key restaurants
APN
10-0449-21-4-13-08-0000
APU
10044921413080000

Description

This exceptional commercial property, located at 117 & 121 N Main Street in Bridger, Montana, presents a unique investment opportunity. The property encompasses a thriving, family-owned Buckeye Bar and Casino, boasting a 30-year history of success. This turnkey operation is fully furnished and ready for immediate ownership, including a valuable, fully transferable liquor license. The casino features 19 recently updated gaming machines, ensuring a modern and attractive gaming experience for patrons. The bar itself includes a fully operational grill, serving lunch and dinner to the local community and visitors alike. The property benefits from a charming small-town atmosphere and has undergone significant renovations within the past year, ensuring the property is in excellent condition. Ample storage space is available in the basement, providing convenient storage solutions for inventory and supplies. An additional attached building, ideal for private events or poker tournaments, adds significant value and versatility to this already impressive offering. The property sits on a 0.2-acre lot. Detailed financial information is available upon request to qualified buyers who have executed a non-disclosure agreement. This is a rare chance to acquire a well-established and profitable business in a desirable location. The asking price for this turnkey operation is $1,100,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $908,885
    6.5%
    $838,971
    7%
    $779,045
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,774,415
    Geo Method
    $579,636
  • Alternative Use

    Use
    Valuation
    Residential
    $707,704
    Hospitality
    $648,253
    Educational
    $539,339
    Medical
    $557,887
    Retail
    $838,971

Location Insight

City
Bridger
County
Carbon
State
Montana
Latitude
45.2965
Longitude
-108.914
CBSA code
13740
CBSA name
BILLINGS, MT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,592
-
-
$214,900
-
$32,549
$182,351
$214,900

FAQs

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