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    119 W Alder St Missoula, MT 59802

    For Sale
    $3,300,000

    COMMERCIAL - Missoula, MT

    Lot size:
    0.18 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 119 W Alder St

    General Information

    Special listing conditions
    Standard
    Property type
    Commercial Sale
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    Business
    APN
    04220022248150000
    Lot size
    0.18 Acres

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Central Air

    Engel & Volkers Western Frontier (406) 926-3322 [email protected]

    Listing agent Donald M Sokoloski (406) 544-7830 License #RRE-BRO-LIC-3787

    Listing date Sep 24, 2025

    Copyright © 2025 Montana Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Missoula Bar and Restaurant Package

    This commercial property features an iconic bar and restaurant package situated in the vibrant downtown business district of Missoula, Montana, the hometown of the University of Montana Grizzlies. The offering includes Al and Vic's bar, established in 1936 and still operating in its original location, along with the adjacent James Bar restaurant. Both establishments have cultivated loyal customer bases and strong reputations within Missoula's vigorous nightlife and dining scene. The sale includes valuable Montana Liquor and Gaming licenses, as well as all inventories and fixtures necessary for a successful turnkey investment. Both venues offer unique atmospheres and modern amenities, with a history of success. The property has a lot size of 0.179 acres and is zoned for business use. The intended use of the property is for bar and restaurant operations. The properties are located at 119 & 127 W Alder Street, Missoula, MT 59802.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Al's & Vic's Bar Bar

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Simba Entertainment, Starbucks, Myrtle Street Taps, Flippers Tavern ~ Grill ~ Casino, GILD

    Location Insight

    • Map
    • Local Demand
    City
    Missoula
    County
    Missoula
    State
    Montana
    Longitude
    -113.9930695
    Latitude
    46.87496458

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    FAQs

    What type of property is this?
    Bar - Iconic bar and restaurant in Missoula's vibrant downtown business district.
    Where is this bar located?
    The property is located at 119 W Alder St Missoula, MT.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - Thriving bar and restaurant package in Missoula's downtown business district.; - Includes two established businesses: Al and Vic's (est. 1936) and James Bar.; - Comes with valuable Montana Liquor and Gaming licenses.
    (406) 544-7830
    Request Owner's contact information
    119 W Alder St Missoula, MT 59802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 W Alder St Missoula, MT 59802
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