Casino Business with Liquor
For Sale
$1,500,000
Pending
1121 5th, Great Falls, MT 59405
Operating gaming business with select FF&E and a Montana all-beverage liquor license, subject to state approval.
Property Size8,610 SF
Days on Market66
Property Features for 1121 5th
General Information
Standard status
Pending
Size
8,610 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Business Included
Yes
Liquor License
Yes
Amenities
Garage: See Remarks
See Remarks
Building Details
Year Built
1984
Listing Agency:
Catalyst Commercial
Listed By:
Ryan Pachek · License #79075
(406) 899-6651
Source:
Clearwaterproperties
Added: Aug 21
Changed: Oct 25
Last Checked: Oct 24 at 2:00PM
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 Catalyst Commercial
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Investment Insights
Based on property information with market context.
This offering consists of an operating casino business in Great Falls, Montana, with gaming operations, a Montana all-beverage liquor license, and select furniture, fixtures, and equipment. The business operates from an existing commercial building at 1121 5th Street S, while real estate is not included in the offering.
The buyer may continue operations at the current location through a long-term lease to be negotiated. The liquor license transfer remains subject to approval by the State of Montana, and licensing and operating requirements should be confirmed with state and local authorities. Inventory and the ATM are excluded, while the included FF&E supports continued business operations.
The buyer may continue operations at the current location through a long-term lease to be negotiated. The liquor license transfer remains subject to approval by the State of Montana, and licensing and operating requirements should be confirmed with state and local authorities. Inventory and the ATM are excluded, while the included FF&E supports continued business operations.
Key Highlights
- Operating casino business at 1121 5th Street S, Great Falls, Montana
- Montana all‑beverage liquor license included, subject to State of Montana approval
- Select furniture, fixtures, and equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,292
Cap Rate
7.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,345,840
$2.3M
Cap Rate 7%
$1,675,600
$1.7M
Cap Rate 9%
$1,303,244
$1.3M
Market Conditions
NOI Build-Up for 8,610 SF
Gross rent
$163.2K $18.96/SF
− Vacancy
−$6.9K −$0.80/SF
EGI
$156.4K $18.16/SF
− OpEx
−$39.1K −$4.54/SF
NOI
$117.3K $13.62/SF
Area
Cascade County, MT
Vacancy
4.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,345,840
Cap Rate 7%
$1,675,600
Cap Rate 9%
$1,303,244
Alternative Uses
Best Use
Specialty Retail
$1.68M
$1.47M – $1.95M
NOI $117,292 @ 7.0% cap · market cap 7.82%
Second Best
Hotel Hospitality
$925.5K
$809.8K – $1.08M
NOI $64,782 @ 7.0% cap · market cap 4.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
880
Businesses Nearby
Explore this area
Business Placement
Demographics for 59405, MT
33,578
Population
15,260
Households
2.2
Avg Household Size
35
Median Age
29%
College-Educated
94%
High-School Grad
479.4 sq mi
ZIP Area
70
Density / Sq Mi
$60,509
Median Household Income
$37,431
Median Earnings
$947
Median Rent
$236,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Casino - Operating gaming business with select FF&E and a Montana all-beverage liquor license, subject to state approval.
Where is this casino located?
The property is located at 1121 5th Great Falls, MT.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Operating casino business at 1121 5th Street S, Great Falls, Montana; Montana all‑beverage liquor license included, subject to State of Montana approval; Select furniture, fixtures, and equipment included
