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Iconic Missoula Bars and Casino
For Sale
Contact for pricing

119 & 127 W Alder Street, Missoula, MT 59802

Two bars, casino, and restaurant in downtown Missoula.

Property SizeContact for details
Days on Market809

Property Features for 119 & 127 W Alder Street

General Information

Standard status Active
Property subtype Mixed Use, Hospitality, Land, Retail

Building Details

Year Built 1935
Units 2
Listing Agency: Cates Realty
Listed By: Tex Cates · License #RRE-BRO-LIC-9472
Source: Crexi
Added: Jun 4, 2024 Changed: Aug 8 Last Checked: Aug 20 at 7:11AM

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 Cates Realty

Investment Insights

Based on property information with market context.

Two established businesses are available for purchase: Als & Vics Bar and James Bar. Als & Vics is the oldest bar in Missoula, remaining in its original location. James Bar opened in 2007. These properties are located in downtown Missoula. The sale includes the real estate, businesses, casino, restaurant, FF&E, and names. The establishments feature a casino, restaurant, and all-beverage with gaming license. An outside patio provides space for seasonal enjoyment.

Key Highlights

  • Two established and iconic bar businesses (Als & Vics, James Bar) included in the sale.
  • Sale includes real estate, businesses, casino, restaurant, FF&E, and names.
  • All beverage license with gaming included.

Property Analytics

Current Use

Al's & Vic's Bar Bar & Pub

Suggested Use

Top Pick Electrical Service Auto Parts Store Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

3,069
Businesses Nearby
39k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 47% Shops & Services 34% Dining 12% Electronics 4%
Residence Inn by Marriott Missoula Downtown Hotels & Casinos
14,080 visits/mo 0.3 miles
Sinclair Shops & Services
5,172 visits/mo 0.4 miles
The UPS Store Shops & Services
5,006 visits/mo 0.2 miles
Jimmy John's Dining
4,247 visits/mo 0.1 miles
Holiday Inn Missoula Downtown, an IHG Hotel Hotels & Casinos
3,823 visits/mo 0.4 miles

Demographics for 59802, MT

19,892
Population
10,416
Households
1.9
Avg Household Size
37
Median Age
52%
College-Educated
96%
High-School Grad
45.4 sq mi
ZIP Area
438
Density / Sq Mi
$65,054
Median Household Income
$36,541
Median Earnings
$1,021
Median Rent
$420,200
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
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Similar Off Market Nearby

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  • Flippers Tavern ~ Grill ~ Casino 125 S 3rd St W, Missoula, MT 59801
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Two bars, casino, and restaurant in downtown Missoula.
Where is this bar & pub located?
The property is located at 119 & 127 W Alder Street Missoula, MT.
What is the asking price?
The asking price for this property is $3,925,000.
What are key features of this property?
This property features: Two established and iconic bar businesses (Als & Vics, James Bar) included in the sale.; Sale includes real estate, businesses, casino, restaurant, FF&E, and names.; All beverage license with gaming included.
More about this property
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