2205 Us Highway 93Kalispell, MT 59901

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

Bars

Property subtype

Pubs

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,214,620

  6.5%

  $2,044,260

  7%

  $1,898,240

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,269,710

  Geo Method

  $2,269,710

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,993,250

  Mixed-Use / Specialty

  $2,034,250

  Hospitality / Lodging

  $1,488,910

  Office

  $2,019,320

  Institutional / Educational

  $2,113,820

  Residential Income

  $2,473,170

  Multifamily

  $2,981,300

  Automotive / Energy

  $1,811,850

  Parking / Income-Based Land

  $627,939

  Restaurant / Food Service

  $1,052,210

  Healthcare / Senior Housing

  $2,088,880

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

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