721 Center AveHardin, MT 59034

  • Turn key restaurants
  • 1,950 SF
For Sale
$345,000 View listing

Property Details for 721 Center Ave

Year built
1946
Construction
WOOD
Lot size
0.16 AC
Property size (Sq ft)
1,950 SF
Property type
Turn key restaurants
APN
22-0934-23-1-33-07-0000
APU
22093423133070000

Description

The Lariat Country Kitchen, located at 721 N Center Avenue in Hardin, Montana, presents a unique opportunity for acquiring an established and profitable business. Situated in the heart of Hardin's business district and conveniently located on the town's business loop, this diner enjoys high visibility and consistent traffic. Its prime location benefits from proximity to popular tourist destinations including the Big Horn River, Little Big Horn Battlefield, and the Bighorn Canyon National Recreation Area, attracting both local residents and visitors. The Lariat Country Kitchen is a well-regarded diner known for its appealing atmosphere and consistent patronage. Recently remodeled, the property is in excellent condition and fully equipped, making it a truly turnkey operation for a new owner. This means minimal upfront investment is required to begin operations, allowing for a smooth transition and immediate revenue generation. The diner's established customer base and strong reputation ensure a steady stream of income, making this a compelling investment for an entrepreneur seeking a profitable and established business in a vibrant community. The sale price is $345,000. The property is categorized as "Other" and sits on a 0-acre lot. The square footage is not specified. This is an exceptional opportunity to own a thriving business with significant growth potential.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $479,262
    6.5%
    $442,396
    7%
    $410,796
  • Comparable approach

    Method
    Valuation
    Relative Method
    $484,420
    Geo Method
    $167,553
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $858,051
    Mixed-Use / Specialty
    $442,704
    Hospitality / Lodging
    $327,252
    Office
    $442,037
    Institutional / Educational
    $460,907
    Residential Income
    $539,262
    Multifamily
    $636,312
    Automotive / Energy
    $395,063
    Parking / Income-Based Land
    $134,469
    Restaurant / Food Service
    $234,276
    Healthcare / Senior Housing
    $452,052

Location Insight

City
Hardin
County
Big Horn
State
Montana
Latitude
45.7359
Longitude
-107.606

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
2023
$2,127
-
-
$128,900
-
$11,400
$117,500
$128,900

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