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    1223 Grand Ave Billings, MT 59102

    For Sale
    $2,800,000

    Midtown Billings restaurant, bar, and casino with real estate.

    Property size:
    7,462 SF

    Property Features for 1223 Grand Ave

    General Information

    Size
    7,462 SF

    Building Details

    Year built
    2005

    Source: Tyler Samson Agent Tyler Samson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant, Bar, and Casino Property

    This 7,462 square foot restaurant, bar, and casino property is located in midtown Billings on Grand Avenue, one of the busiest streets in Montana. The sale includes the real estate, a Montana All Beverage and Gaming License, and FF&E. The property benefits from a prime location with excellent visibility and frontage, as well as a very high traffic count of 22,630 Average Daily Traffic. The lot size is 54,726 square feet (1.256 acres). The property features an extra-large kitchen with large walk-in coolers and a freezer, along with an abundant amount of parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hotels

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Billings
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.5470895
    Latitude
    45.7845971

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    FAQs

    What type of property is this?
    Restaurant - Midtown Billings restaurant, bar, and casino with real estate.
    Where is this restaurant located?
    The property is located at 1223 Grand Ave Billings, MT.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Prime location on Grand Avenue with excellent visibility and frontage.; - Sale includes Real Estate, Montana All Beverage and Gaming License, and FF&E.; - High traffic count: 22,630 Average Daily Traffic.
    (406) 671-8257
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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
    1223 Grand Ave Billings, MT 59102
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