2205 Us Highway 93Kalispell, MT 59901

  • Retail properties
  • 10,236 SF
For Sale
$3,200,000 View listing

Property Details for 2205 Us Highway 93

Year built
1947
Construction
WOOD
Lot size
1.20 AC
Property size (Sq ft)
10,236 SF
Property type
Retail properties
Property subtype
Bars
APN
07-3966-20-2-01-02-0000
APU
7396620201020000

Description

This exceptional mixed-use property, the Dusty Star Saloon, presents a unique investment opportunity in Kalispell, Montana. Located on a substantial 52,098 square foot lot at 2205 US Highway 93 S, this established business boasts a rich history dating back to 1947. The property includes a fully operational casino and restaurant, complete with all fixtures, furniture, and equipment (FFE), and holds a valid Montana beverage and gaming license. The Dusty Star Saloon is renowned for its authentic Montana atmosphere, featuring cozy wooden interiors, a spacious bar, and ample seating. It's a popular destination for locals and tourists alike, known for its selection of local brews, signature cocktails, and classic comfort food, enhanced by live music nights and special events. The substantial lot size provides ample on-site parking. This turnkey operation offers a blend of established revenue streams and significant growth potential within a thriving Montana community. The asking price is $3,200,000. This represents a rare opportunity to acquire a well-established and profitable business in a desirable location. The sale includes the business name, FFE, and all necessary licenses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,837,447
    6.5%
    $2,619,182
    7%
    $2,432,098
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,499,692
    Geo Method
    $5,499,692
  • Alternative Use

    Use
    Valuation
    Residential
    $2,209,378
    Hospitality
    $2,023,778
    Educational
    $1,683,760
    Medical
    $1,741,667
    Retail
    $2,619,182
2205 Us Highway 93, Kalispell, Montana

Location Insight

City
Kalispell
County
Flathead
State
Montana
Latitude
48.1782
Longitude
-114.3
CBSA code
28060
CBSA name
KALISPELL, MT MICROPOLITAN 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
$17,483
-
-
$1,603,600
-
$590,175
$1,013,425
$1,603,600

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