33 Bannack StDillon, MT 59725

  • Retail space
  • 3,425 SF
For Sale
$550,000 View listing

Property Details for 33 Bannack St

Year built
1888
Construction
WOOD
Lot size
0.04 AC
Property size (Sq ft)
3,425 SF
Property type
Retail space
APN
18-0326-19-2-58-20-0000
APU
18032619258200000

Description

This exceptional opportunity presents a well-established and profitable business in the heart of Dillon, Montana. The property encompasses a historic two-story building with a full basement, totaling 5,300 square feet, situated on a 0.04-acre lot at 33 E Bannack Street. The business model is diversified, offering a full-service family-friendly restaurant serving breakfast, lunch, and dinner, a full-service bar, and a popular casino featuring 15 electronic gaming machines (with a state-licensed capacity for 20). The sale includes all business furniture, fixtures, and equipment, along with all on-site inventory and the all-important liquor license. Decades of operation have cultivated a loyal customer base, ensuring a strong foundation for continued success. This turnkey operation is ideal for a working couple, family, or investor seeking a high-income-generating business with established infrastructure and proven profitability. Training on business operations is available to ensure a smooth transition for the new owner. The asking price for this unique and lucrative opportunity is $550,000. This is a rare chance to acquire a thriving, multifaceted business in a desirable Montana location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $900,392
    6.5%
    $831,131
    7%
    $771,764
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,840,216
    Geo Method
    $1,840,216
  • Alternative Use

    Use
    Valuation
    Residential
    $701,090
    Hospitality
    $642,194
    Educational
    $534,298
    Medical
    $552,674
    Retail
    $831,131

Location Insight

City
Dillon
County
Beaverhead
State
Montana
Latitude
45.2174
Longitude
-112.637

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
$3,867
-
-
$263,700
-
$48,657
$215,043
$263,700

FAQs

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