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Turn-Key Restaurant with Parking
For Sale
$495,000

1111 Park, Anaconda, MT 59711

Modern, fully operational restaurant for sale with two dining areas, newer heating system, and convenient on-site parking.

Property Size3,890 SF
Price / SF$127.25
Days on Market35

Property Features for 1111 Park

General Information

Standard status Active
Size 3,890 SF
Property subtype Commercial

Additional Details

Business Included Yes
Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $5,739

Amenities

Garage: Additional Parking,See Remarks
Additional Parking,See Remarks

Building Details

Year Built 1974
Listing Agency: Obsidian Realty Group
Listed By: Nikki Corr · License #RRE-RBS-LIC-98539
Source: Clearwaterproperties
Added: Jul 20 Changed: Aug 23 Last Checked: Aug 23 at 3:58AM

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 Obsidian Realty Group

Investment Insights

Based on property information with market context.

The Hangout is a modern, fully operational restaurant available for sale with the business and building packaged together. The interior is designed with a flexible layout that includes two separate dining areas, allowing for continued seating flow or reconfiguration of one space for private events or other concepts. Updates are described as contemporary and thoughtfully refreshed.

For year-round comfort, the property includes a new heating system. The kitchen is equipped with a commercial-grade grill hood and available equipment, supporting a straightforward transition to new ownership. The property also features ample, convenient on-site parking to support daily operations and gatherings.

Located at 1111 E Park Avenue in Anaconda, Montana, the restaurant offers an adaptable dining setup within a turn-key framework intended for day-one operation.

Key Highlights

  • Modern, fully operational restaurant for sale, with business and building included
  • Two separate dining areas for flexible seating or conversion into a private party room or gaming lounge
  • New heating system for year‑round comfort

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Furniture & Home Goods Plumbing Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 42% Groceries 30% Shops & Services 19% Home Improvements & Furnishings 9%
Albertsons Groceries
12,926 visits/mo 0.1 miles
McDonald's Dining
12,657 visits/mo 0.2 miles
Conoco Shops & Services
5,467 visits/mo 0.2 miles
Taco Time Dining
5,310 visits/mo 0.5 miles
Ace Hardware Home Improvements & Furnishings
3,903 visits/mo 0.2 miles

Demographics for 59711, MT

9,234
Population
6,108
Households
1.5
Avg Household Size
50
Median Age
23%
College-Educated
93%
High-School Grad
558.6 sq mi
ZIP Area
17
Density / Sq Mi
$50,965
Median Household Income
$33,725
Median Earnings
$666
Median Rent
$215,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Modern, fully operational restaurant for sale with two dining areas, newer heating system, and convenient on-site parking.
Where is this conventional restaurant located?
The property is located at 1111 Park Anaconda, MT.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Modern, fully operational restaurant for sale, with business and building included; Two separate dining areas for flexible seating or conversion into a private party room or gaming lounge; New heating system for year‑round comfort
More about this property
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