2205 Us Highway 93Kalispell, MT 59901
- Retail properties
- 10,236 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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