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    239 Main St Shelby, MT 59474

    For Sale
    $400,000

    Commercial Building - Shelby, MT

    Property size:
    4,670 SF
    Lot size:
    0.15 Acres
    Days on Market:
    345
    Last Refresh:
    Dec 13 at 10:06 am

    Property Features for 239 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    503896
    Parking features
    Garage
    Size
    4,670 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1923
    Year renovated
    1923
    Flooring type
    Laminate, Tile
    Architectural style
    Other

    Corder and Associates, LLC (406) 622-3224

    Listing agent Trampus Corder (406) 622-3224

    Listing date Jan 3, 2025

    MLS# 11230149 Listing URL

    Copyright © 2025 My State 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

    Turn-Key Restaurant and Lounge

    The Alibi Lounge and restaurant is a meticulously maintained, turn-key establishment. The lounge features a corrugated wrapped bar, while the restaurant dining space offers warm lighting and welcoming decor. Arched doorways add to the ambiance. A full liquor license is included in the sale. The Alibi is located on Main Street in Shelby, Montana, a stopping point for travelers. Adjacent to the Alibi Lounge is a beauty shop, connected to the property, that has been rented by the same tenant for numerous years, generating a rental income of $450 per month. The sale includes furnishings, inventory, appliances, and decor. The property size is 4,670 square feet on a lot of 0.15 acres. This property is located at 239 Main Street, Shelby, MT 59474. The property is intended for use as a bar, restaurant, retail property, storefront property, or individual retail property. This property offers the potential to own a successful business.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

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

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

    Similar Places Nearby

    Montana Club, Tap Room LLC, Oasis Bar & Casino, Alibi Lounge

    Location Insight

    • Map
    • Local Demand
    City
    Shelby
    County
    Toole
    State
    Montana
    Longitude
    -111.85784
    Latitude
    48.506075

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    FAQs

    What type of property is this?
    Bar - Profitable restaurant, lounge, and beauty shop on Main Street.
    Where is this bar located?
    The property is located at 239 Main St Shelby, MT.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: - Turn-key restaurant and lounge with full liquor license, ready for immediate operation.; - Includes all furnishings, inventory, appliances, and d\u00e9cor.; - Located on Main Street in Shelby, Montana, a high-traffic area for travelers.
    (406) 622-3224
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    Shelby, MT 59474
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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
    239 Main St Shelby, MT 59474
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