1111 9Th StLibby, MT 59923

Property Details for 1111 9Th St

Year built

1993

Construction

WOOD

Lot size

0.27 AC

Property size (Sq ft)

1,340 SF

Property type

Office properties

Property subtype

Office buildings

APN

56-4175-04-2-07-39-0000

APU

56417504207390000

Description

This exceptional commercial property in Libby, Montana, presents a unique investment opportunity encompassing a thriving restaurant, a storage unit complex, and a rental office. Situated on approximately 1.98 acres of land with convenient US Highway 2 frontage, the property boasts ample paved parking and prominent signage for both the restaurant and rental office. The restaurant itself features a welcoming dining area with substantial seating capacity, divided into a bar area and a family dining section. A walk-up bar with barstools complements the dining experience. The kitchen is generously sized, offering ample space for food preparation, cooking, and storage of both perishable and dry goods. A dedicated dishwashing station equipped with a commercial-grade dishwasher ensures efficient operation. Adding to the revenue streams, a casino area with gaming machines provides additional entertainment for patrons. The sale includes all equipment and fixtures necessary for the continued operation of the successful restaurant, encompassing kitchen supplies, furniture (tables and chairs), utensils, point-of-sale (POS) systems, and more. The existing food and supply inventory will be valued at the closing of the sale. A separate storage shed complex further enhances the property's income potential. The rental office provides additional revenue streams and management capabilities. This turnkey operation offers a rare chance to acquire a well-established and profitable business with significant growth potential in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $252,904

  6.5%

  $233,449

  7%

  $216,774

• Comparable approach

  Method

  Valuation

  Relative Method

  $285,701

  Geo Method

  $285,701

• Alternative Use

  Use

  Valuation

  Residential

  $289,477

  Hospitality

  $265,160

  Educational

  $220,610

  Medical

  $228,197

  Retail

  $343,171

Location Insight

City

Libby

County

Lincoln

State

Montana

Latitude

48.3935

Longitude

-115.565

Property Tax & Assessments

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