101 N Rouse Avenue, Bozeman, MT 59715

This historic Bozeman taproom building was extensively remodeled, retaining the original exterior brick and some interior ceiling joist timber while replacing the steel internal structure, foundation and concrete floor, walls, electrical, plumbing, HVAC, fire suppression system, rooftop, windows, and doors. The property is configured as two separate leased spaces: the Taproom Bar and a smaller separate office/retail space currently used as a real estate brokerage. This sale does not include either operating business.

Both spaces are currently leased under true triple net terms, with tenants paying taxes, common area expenses, utilities, and garbage. Total stated rents are $91,822.44 with a 3% annual escalator. The Taproom’s lease has been renewed for an additional five years with two subsequent consecutive options. The real estate brokerage lease ends July 1, 2026.

The Taproom includes an approximately 2,700 SF main floor plus an additional 950 SF rooftop deck and patio, along with a small 300 SF basement used for food storage, utilities, and dishwashing. The office/retail unit is approximately 1,050 SF and includes its own full kitchen, a bathroom, three small offices, and a large open office area, with its own heating and cooling and shared water and sewer. There is also a stated possibility to convert the office/retail unit into a “speakeasy” bar and/or liquor store by using the neighboring Taproom’s full liquor license, which would require negotiation with the Taproom business owners, who expressed openness to the idea.