Live-Work Casino Restaurant
106 & 108 S Main Street Bridger, MT 59014
For Sale
$649,000
Two joined buildings combine a casino setup and restaurant space with a rented upstairs apartment and parking for vehicles.
Property Size7,663 SF
Price / SF$84.69
Days on Market269
Property Features for 106 & 108 S Main Street
General Information
- Standard status
- Active
- Size
- 7,663 SF
Listing Agency:
H BAR S Real Estate
(406) 426-0046
Listed By:
Denine Hritz · License #RRE-RBS-LIC-16776
(406) 426-0046
Source:
Exprealty
Added: Oct 31, 2025
Changed: Jul 23
Last Checked: Jul 24 at 5:07PM
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 H BAR S Real Estate
Investment Insights
Based on property information with market context.
This offering includes two joined commercial buildings with a practical live-work configuration and multiple functional spaces. One building operates as a casino and includes 20 leased machines, a large conference room, plus office and storage areas. The adjoining building includes restaurant and kitchen space, along with an additional street-frontage room suitable for use based on the buyer’s needs.
An upstairs 2-bedroom, 2-bath unit is currently rented on a month-to-month basis, and the property also includes a basement. Parking is provided via on-site lots for 12 vehicles, with an additional 4 spaces available through easy street parking.
The sale includes a beer/wine license and the listed equipment and furnishings. Reported improvements include air conditioning, a front awning, hardy board, two water heaters, and roof replacement work completed on most of the roof within the last six years. The buildings are zoned Commercial (not General), with zoning regulations provided in the supplements. The casino and restaurant are also noted as available as separate MLS listings.
An upstairs 2-bedroom, 2-bath unit is currently rented on a month-to-month basis, and the property also includes a basement. Parking is provided via on-site lots for 12 vehicles, with an additional 4 spaces available through easy street parking.
The sale includes a beer/wine license and the listed equipment and furnishings. Reported improvements include air conditioning, a front awning, hardy board, two water heaters, and roof replacement work completed on most of the roof within the last six years. The buildings are zoned Commercial (not General), with zoning regulations provided in the supplements. The casino and restaurant are also noted as available as separate MLS listings.
Key Highlights
- 2 joined commercial buildings with a casino setup and restaurant/kitchen space, plus a 2nd‑level 2 bed/2 bath apartment rented month‑to‑month
- Casino includes 20 leased machines, a large conference room, office, and storage; conference room supports community events or business expansion
- Restaurant building includes restaurant & kitchen, plus an additional street‑frontage room for flexible use
Financial Insights For Hotel Hospitality
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 | $137.9k | $18.00 |
| − Vacancy | −$16.6k | −$2.16 |
| EGI | $121.4k | $15.84 |
| − OpEx | −$63.7k | −$8.32 |
| NOI | $57.7k | $7.52 |
7,663 SF · lease $18.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,243 @ 7.0% cap · market cap 14.06%
Second Best
Office B
$1.20M
$1.05M – $1.40M
NOI $84,002 @ 7.0% cap · market cap 12.94%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,042 @ 7.0% cap · market cap 18.03%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Casinos
FAQs
What type of property is this?
Casino - Two joined buildings combine a casino setup and restaurant space with a rented upstairs apartment and parking for vehicles.
Where is this casino located?
The property is located at 106 & 108 S Main Street Bridger, MT.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 2 joined commercial buildings with a casino setup and restaurant/kitchen space, plus a 2nd‑level 2 bed/2 bath apartment rented month‑to‑month; Casino includes 20 leased machines, a large conference room, office, and storage; conference room supports community events or business expansion; Restaurant building includes restaurant & kitchen, plus an additional street‑frontage room for flexible use
