Licensed Bar and
119 1st STREET SW Park City, MT 59063
New
119 1st STREET SW, Park City, MT, 59063
$599,900
For Sale
$599,900
Established bar and restaurant offering gaming, spirits, and local food with a full liquor license.
Property Size1,428 SF
Price / SF$420.10
Days on Market5
Property Features for 119 1st STREET SW
General Information
- Standard status
- Active
- Size
- 1,428 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing agency
Beartooth Realty
(406) 850-1934
Listed by
Leza Vargas · License #RRE-BRO-LIC-71415
Source
Clearwaterproperties
Added: Jul 18 Updated: Jul 22 at 8:47AM Checked: Jul 22 at 8:47AM
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 Beartooth Realty
Investment Insights
Based on property information with market context.
This established bar and restaurant is offered with a full liquor license. The operating concept includes gaming along with spirits and local food service, supporting a recognizable, community-focused neighborhood business.
The property is located just off I-90 in Park City, a growing bedroom community outside Billings. The public remarks describe it as a rare opportunity for a full liquor license just outside Yellowstone County.
The offering includes a single commercial property at 119 1st Street SW in Park City, Montana.
The property is located just off I-90 in Park City, a growing bedroom community outside Billings. The public remarks describe it as a rare opportunity for a full liquor license just outside Yellowstone County.
The offering includes a single commercial property at 119 1st Street SW in Park City, Montana.
Key Highlights
- Established bar and restaurant with gaming, spirits, and local food
- Full liquor license included
- Situated just off I‑90 in Park City, a bedroom community outside Billings
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 | $23.1k | $16.20 |
| − Vacancy | −$463 | −$0.32 |
| EGI | $22.7k | $15.88 |
| − OpEx | −$5.7k | −$3.97 |
| NOI | $17.0k | $11.91 |
1,428 SF · lease $16.20/SF/yr · vacancy 2.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$242.9K
$212.5K – $283.4K
NOI $17,003 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$311.6K
$272.6K – $363.5K
NOI $21,811 @ 7.0% cap · market cap 3.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bars & Pubs
Similar For Sale Nearby
Similar Off Market Nearby
- Pop's Inn — 117 1st St SW, Park City, MT 59063
- Scotsman Bar And Cafe — 7 1st Ave SE, Park City, MT 59063
FAQs
What type of property is this?
Bar & Pub - Established bar and restaurant offering gaming, spirits, and local food with a full liquor license.
Where is this bar & pub located?
The property is located at 119 1st STREET SW Park City, MT.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Established bar and restaurant with gaming, spirits, and local food; Full liquor license included; Situated just off I‑90 in Park City, a bedroom community outside Billings
