Historic Storefront
For Sale
$449,000
122 W Wallace Street, Virginia City, MT 59755
CommercialSale, Virginia City, MT
Property Size1,971 SF
Lot Size0.05 Acres
Price / SF$227.80
Days on Market152
Property Features for 122 W Wallace Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Call Listing Agent for Details
Parking features
On Street
Subdivision
Virginia City Original Plat
Directions
On main commercial street in Downtown Virginia City. Between Public Parking & Courthouse on south side of street.
Standard status
Active
APN
0001027000
Size
1,971 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
VIRGINIA CITY ORIG TOWNSITE, S22, T06 S, R03 W, BLOCK 191, LOT 10
Tax Annual Amount
1024
Legal Description
VIRGINIA CITY ORIG TOWNSITE, S22, T06 S, R03 W, BLOCK 191, LOT 10
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Amenities
original hardwood floors
vintage displays
Building Details
Year built
1865
Listing Agency:
Berkshire Hathaway - Sheridan · Berkshire Hathaway HomeServices
(406) 842-5650
Listed By:
Miranda Wheeler · License #BRO-123481
(406) 640-1655
Added: Mar 23
Changed: Aug 19
Last Checked: Aug 21 at 10:06AM
MLS# 409608
Copyright © 2026 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This storefront property at 122 W Wallace Street includes the operating mercantile business, inventory, and real estate. The approximately 1,971-square-foot building dates to 1865 and features a stone exterior, original hardwood floors, vintage display fixtures, and a rear bathroom within the former storeroom. Forced-air heat supports the interior, while public water and public sewer serve the property.
The building fronts Virginia City's historic boardwalk along Wallace Street, placing the retail operation within the community's main commercial corridor. On-street parking is available. The property was formerly occupied by The Madisonian newspaper and is currently used as a mercantile and gift shop. The sale combines an established storefront operation with an older commercial building in a historic Montana destination.
The building fronts Virginia City's historic boardwalk along Wallace Street, placing the retail operation within the community's main commercial corridor. On-street parking is available. The property was formerly occupied by The Madisonian newspaper and is currently used as a mercantile and gift shop. The sale combines an established storefront operation with an older commercial building in a historic Montana destination.
Key Highlights
- Operating mercantile, inventory, and real estate included
- Approximately 1,971+/- square feet on 0.054 acres
- Built in 1865 with a stone exterior and original hardwood floors
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Explore this area
Business Placement
Demographics for 59755, MT
260
Population
178
Households
1.5
Avg Household Size
59
Median Age
18%
College-Educated
78%
High-School Grad
65.3 sq mi
ZIP Area
4
Density / Sq Mi
$35,750
Median Earnings
$875
Median Rent
$288,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Includes an operating mercantile, inventory, real estate, and a rear bathroom added to the former storeroom.
Where is this storefront property located?
The property is located at 122 W Wallace Street Virginia City, MT.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Operating mercantile, inventory, and real estate included; Approximately 1,971+/- square feet on 0.054 acres; Built in 1865 with a stone exterior and original hardwood floors
