404 Park StLivingston, MT 59047
- Super regional malls
- 6,650 SF
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
Location Insight
- City
- Livingston
- County
- Park
- State
- Montana
- Latitude
- 45.6642
- Longitude
- -110.557
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
FAQs
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