22 Rosebud RdAlpine, MT 59071

  • Turn key restaurants
  • 2,908 SF
For Sale
$1,000,000 View listing

Property Details for 22 Rosebud Rd

Year built
1940
Construction
WOOD
Lot size
0.38 AC
Property size (Sq ft)
2,908 SF
Property type
Turn key restaurants
APN
10-0530-34-3-01-12-0000
APU
10053034301120000

Description

The Legendary Grizzly Bar, located at 22 East Rosebud Road in Roscoe, Montana, presents a unique investment opportunity. This iconic establishment boasts over 80 years of history, attracting patrons from around the globe, particularly those traveling to Yellowstone National Park via the Beartooth Pass. Situated 19 miles west of Red Lodge, it sits at the heart of a thriving ranching community. The Grizzly Bar is renowned for its locally sourced beef, supplied by neighboring ranchers, and its reputation as a beloved local gathering place. Family-owned and operated for the past 21 years, this turnkey business is being offered complete with all furniture, fixtures, and equipment. A full liquor license is included in the sale, ensuring a seamless transition for the new owner. The property encompasses 1.26 acres of land, providing ample space for potential expansion or outdoor seating. This is a rare chance to acquire a well-established, profitable business in a picturesque mountain setting with a rich history and loyal clientele. The asking price for this exceptional opportunity is $1,000,000. The square footage of the building is not currently available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $949,389
    6.5%
    $876,359
    7%
    $813,762
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,853,498
    Geo Method
    $605,453
  • Alternative Use

    Use
    Valuation
    Residential
    $739,242
    Hospitality
    $677,142
    Educational
    $563,374
    Medical
    $582,749
    Retail
    $876,359

Location Insight

City
Roscoe
County
Carbon
State
Montana
Latitude
45.3488
Longitude
-109.497
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
$2,462
-
-
$324,000
-
$68,307
$255,693
$324,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].