404 Park StLivingston, MT 59047

  • Super regional malls
  • 6,650 SF
For Sale
$2,000,000 View listing

Property Details for 404 Park St

Year built
1982
Construction
WOOD
Lot size
0.34 AC
Property size (Sq ft)
6,650 SF
Zone code
2
Property type
Super regional malls
APN
49-0802-13-1-09-03-0000
APU
49080213109030000

Description

This exceptional business opportunity encompasses a fully operational bar, casino, and diner situated at 404 E Park Street in Livingston, Montana. The property boasts a substantial 6,650 square feet of building space on a 0.34-acre lot, providing ample room for operations and potential expansion. The casino features 20 leased gaming machines generating high revenue, complemented by sports betting and Montana Lottery sales. The well-established diner offers a full menu, including breakfast, lunch, and dinner, and is particularly known for its popular half-pound burgers. The property includes all necessary equipment, established trade names, and valuable social media assets. A significant advantage is the inclusion of a coveted Montana All Beverage Liquor License. The property also benefits from a large paved parking lot and additional off-street parking, ensuring convenient access for patrons. Furthermore, an adjacent vacant lot presents a unique opportunity for expansion, potentially suitable for a liquor store or other retail venture. The seller is open to financing options, and detailed financial information is available upon execution of a Non-Disclosure Agreement. This turnkey operation presents a rare chance to acquire a thriving business in a desirable location, offering significant potential for continued growth and profitability. The asking price is $2,000,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,748,206
    6.5%
    $1,613,728
    7%
    $1,498,462
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,572,973
    Geo Method
    $3,572,973
  • Alternative Use

    Use
    Valuation
    Residential
    $1,361,240
    Hospitality
    $1,246,888
    Educational
    $1,037,397
    Medical
    $1,073,074
    Retail
    $1,613,728
404 Park St, Livingston, Montana

Location Insight

City
Livingston
County
Park
State
Montana
Latitude
45.6642
Longitude
-110.557

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
$15,355
-
-
$1,490,100
-
$389,247
$1,100,853
$1,490,100

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