Red Lodge Restaurant
104 S Broadway Ave Red Lodge, MT 59068
104 S Broadway Ave, Red Lodge, MT, 59068
$774,999
For Sale
$774,999
Turnkey restaurant in renovated historic building, prime Red Lodge location.
Property Size3,050 SF
Price / SF$254.10
Days on Market183
Property Features for 104 S Broadway Ave
General Information
- Standard status
- Active
- Size
- 3,050 SF
Listing Agency
Montana Mountain Real Estate
(406) 223-8238
Listed by
Suzanne Hahn
(406) 223-8238
Source
Exprealty
Added: Jan 16 Checked: Jul 16 at 9:17 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Montana Mountain Real Estate
Investment Insights
Based on property information with market context.
Located in the center of Red Lodge, outside of Yellowstone Park, this restaurant property offers a turnkey business opportunity. The property is situated in a newly renovated historic building that was previously used as a bakery for 100 years. The building's history has been preserved. The property size is 3050 square feet.
Key Highlights
- Prime location in the center of Red Lodge, near Yellowstone Park.
- Turnkey restaurant business opportunity.
- Newly renovated historic building.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.4k | $16.20 |
| − Vacancy | −$988 | −$0.32 |
| EGI | $48.4k | $15.88 |
| − OpEx | −$12.1k | −$3.97 |
| NOI | $36.3k | $11.91 |
3,050 SF · lease $16.20/SF/yr · vacancy 2.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$518.8K
$454.0K – $605.3K
NOI $36,316 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$665.5K
$582.3K – $776.4K
NOI $46,584 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Turnkey restaurant in renovated historic building, prime Red Lodge location.
Where is this conventional restaurant located?
The property is located at 104 S Broadway Ave Red Lodge, MT.
What is the asking price?
The asking price for this property is $774,999.
What are key features of this property?
This property features: Prime location in the center of Red Lodge, near Yellowstone Park.; Turnkey restaurant business opportunity.; Newly renovated historic building.
