Licensed Bar and
For Sale
$599,900
119 1st STREET SW, Park City, MT 59063
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 Market14
Property Features for 119 1st STREET SW
General Information
Standard status
Active
Size
1,428 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Highway Access
Yes
Liquor License
Yes
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
Changed: Jul 22
Last Checked: Jul 29 at 8:59AM
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
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 authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59063, MT
2,174
Population
861
Households
2.5
Avg Household Size
47
Median Age
29%
College-Educated
93%
High-School Grad
61.2 sq mi
ZIP Area
36
Density / Sq Mi
$90,417
Median Household Income
$44,917
Median Earnings
$1,107
Median Rent
$336,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
Frequently Asked Questions
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
