429 1St AveGlasgow, MT 59230

Property Details for 429 1St Ave

Year built

1920

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

2,904 SF

Zone code

1

Property type

Retail properties

Property subtype

Retail space

APN

20-4030-12-3-28-11-0000

APU

20403012328110000

Description

This exceptional opportunity presents the chance to acquire "The Montana Bar," a well-established and historically significant business in Glasgow, Montana. Operating continuously since 1899, this turnkey operation boasts a prime location in a high-traffic area, ensuring consistent patronage from locals and visitors alike. The main building, constructed in 1920 and significantly remodeled in the late 1970s, offers approximately 2,904 square feet of commercial space, including a 1,959 square foot main bar area and a 956 square foot addition perfect for events and gaming. Recent upgrades include a new membrane roof, LED lighting, a forced-air furnace (2022), attic insulation, and a 30' x 12' covered patio (2020). The building also features updated plumbing and electrical systems, a new 5" PVC sewer pipe, and new front street windows designed for easy removal to facilitate outdoor service during community events. An unfinished attic space offers potential for future development, such as an apartment. The sale includes a Montana State floatable liquor license and all existing inventory. Annual property taxes were $2,697 in 2022, with monthly city water/sewer averaging $115. Utilities include natural gas (Montana Dakota Utilities) and electricity (Northwestern Energy), averaging $450 monthly. The business actively participates in community events, generating additional revenue streams through sports betting, state lotto machines, and various leagues and tournaments. This is a rare chance to own a piece of Montana history and a thriving, profitable business.

Location Insight

City

Glasgow

County

Valley

State

Montana

Latitude

48.1944

Longitude

-106.636

Property Tax & Assessments

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