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    10345 Mt Highway 1 Anaconda, MT 59711

    For Sale
    $1,500,000

    Iconic Restaurant, 2.5 Acres, Live/Work Option

    Property size:
    5,299 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional commercial property in Anaconda, Montana, presents a rare investment opportunity. The fully operational restaurant, established in 1965, boasts a strong local reputation for its high-quality food and service. The property includes a full-service bar with a comprehensive liquor license, including a gambling license and a catering endorsement extending 100 miles. Multiple flat-screen TVs and video gambling machines cater to diverse entertainment preferences. A dedicated arcade room provides family-friendly entertainment, while a large banquet room accommodates parties and events. Outdoor amenities include a spacious picnic area and six horseshoe pits, enhancing the property's appeal. Situated on over 2.5 acres of prime real estate along the Anaconda-Pintler Scenic Highway, this property offers significant visibility and accessibility. Adding to its versatility, a three-bedroom, two-bathroom home is included, providing a convenient live/work option for owners or employees. The 5,299 square foot building is up-to-code and ready for continued success. This is a chance to acquire a profitable, established business with a rich history and significant potential for growth. The property's diverse features and prime location make it an exceptional investment in the heart of Anaconda.

    Property Features for 10345 Mt Highway 1

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,299 SF
    Lot Size
    111,949 SF

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Spa & Massage Building Supply Gym & Fitness Pharmacy Grocery Store Food Market Discount Store Car Rental Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Anaconda
    County
    Deer Lodge
    State
    Montana
    Longitude
    -112.9877
    Latitude
    46.14046

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    FAQs

    What type of property is this?
    Commercial real estate - Iconic Restaurant, 2.5 Acres, Live/Work Option
    Where is this commercial real estate located?
    The property is located at 10345 Mt Highway 1 Anaconda, MT.
    What is the asking price?
    The asking price for this property is $1,500,000.
    (406) 723-5455
    Request Owner's contact information
    10345 Mt Highway 1 Anaconda, MT 59711
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    Anaconda, MT 59711
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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
    10345 Mt Highway 1 Anaconda, MT 59711
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