113 Main StRonan, MT 59864

Property Details for 113 Main St

Year built

1908

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

3,088 SF

Zone code

5

Property type

Retail space

APN

15-2987-02-1-39-04-0000

APU

15298702139040000

Description

This thriving, turn-key restaurant located at 113 Main Street SW in Ronan, Montana, presents a unique investment opportunity. Built in 1908, this mixed-use property boasts a spacious 2,800 square foot interior with seating for over 100 patrons. Its prime downtown location offers high visibility and proximity to the busy Highway 93 corridor, ensuring significant foot traffic. The property includes all existing equipment, fixtures, and furniture, making it ready for immediate operation. An attached, additional 1,500 square foot space is also available for purchase, expanding potential uses. The 0.167-acre lot provides ample space. The propane tank is leased. Proof of funds or pre-approval is required for showings and offers. This well-established cafe is priced at $425,000 and presents a rare chance to acquire a profitable business in a desirable location. The property's history as a successful bakery/cafe speaks to its potential for continued success. The included inventory list details the high-quality equipment and furnishings.

• CAP approach

  CAP return

  Valuation

  6%

  $833,904

  6.5%

  $769,757

  7%

  $714,775

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,659,149

  Geo Method

  $1,659,149

• Alternative Use

  Use

  Valuation

  Residential

  $649,319

  Hospitality

  $594,773

  Educational

  $494,844

  Medical

  $511,862

  Retail

  $769,757

Location Insight

City

Ronan

County

Lake

State

Montana

Latitude

47.5284

Longitude

-114.099

Property Tax & Assessments

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