Equipped Restaurant with
For Sale
$2,500,000
2250 11th, Helena, MT 59601
Operating hospitality property with a commercial kitchen, dining area, bar, furnishings, equipment, liquor licensing, and gaming.
Property Size6,850 SF
Price / SF$364.96
Days on Market50
Property Features for 2250 11th
General Information
Standard status
Active
Size
6,850 SF
Property subtype
Commercial
Restaurant
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$25,371
Building Details
Year Built
1986
Listing Agency:
PureWest Real Estate - Helena
Listed By:
Jake Doubek · License #30046755
(406) 465-5506
Source:
Clearwaterproperties
Added: Sep 4
Changed: Oct 22
Last Checked: Oct 20 at 10:19PM
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 PureWest Real Estate - Helena
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Investment Insights
Based on property information with market context.
This 6850-square-foot restaurant property combines real estate with an operating food-and-beverage business. Built in 1986, the facility includes a commercial kitchen, dining space, bar areas, furniture, fixtures, and equipment. The sale also includes two lots and a Montana All-Beverages Liquor License with Catering Endorsement, along with gaming components.
Located at 2250 11th Avenue in Helena, Montana, the property provides an existing hospitality setup that can continue under its current concept or be adapted to a different restaurant operation. The offering brings together the building, operating business, furnishings, equipment, licensing, and gaming elements in one asset.
Located at 2250 11th Avenue in Helena, Montana, the property provides an existing hospitality setup that can continue under its current concept or be adapted to a different restaurant operation. The offering brings together the building, operating business, furnishings, equipment, licensing, and gaming elements in one asset.
Key Highlights
- 6850‑square‑foot restaurant property at 2250 11th Avenue, Helena, Montana
- Two‑lot configuration included with the property
- Montana All‑Beverages Liquor License with Catering Endorsement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,701
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,794,020
$1.8M
Cap Rate 7%
$1,281,443
$1.3M
Cap Rate 9%
$996,678
$996.7K
Market Conditions
NOI Build-Up for 6,850 SF
Gross rent
$123.3K $18.00/SF
− Vacancy
−$3.7K −$0.54/SF
EGI
$119.6K $17.46/SF
− OpEx
−$29.9K −$4.37/SF
NOI
$89.7K $13.10/SF
Area
Lewis and Clark County, MT
Vacancy
3.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,794,020
Cap Rate 7%
$1,281,443
Cap Rate 9%
$996,678
Alternative Uses
Best Use
Specialty Retail
$1.28M
$1.12M – $1.50M
NOI $89,701 @ 7.0% cap · market cap 3.59%
Second Best
Industrial
$573.3K
$501.7K – $668.9K
NOI $40,134 @ 7.0% cap · market cap 1.61%
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,164 @ 7.0% cap · market cap 4.17%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
855
Businesses Nearby
72k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Groceries 22%
Hotels & Casinos 12%
McDonald's
Dining
26,078 visits/mo
0.2 miles
Wendy's
Dining
21,039 visits/mo
0.3 miles
Albertsons
Groceries
15,617 visits/mo
0.3 miles
Baymont By Wyndham Helena
Hotels & Casinos
2,101 visits/mo
0.2 miles
Best Western Helena/Capitol Hotel
Hotels & Casinos
1,434 visits/mo
0.4 miles
Demographics for 59601, MT
30,848
Population
15,937
Households
1.9
Avg Household Size
41
Median Age
51%
College-Educated
96%
High-School Grad
130.2 sq mi
ZIP Area
237
Density / Sq Mi
$70,502
Median Household Income
$44,000
Median Earnings
$1,023
Median Rent
$355,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating hospitality property with a commercial kitchen, dining area, bar, furnishings, equipment, liquor licensing, and gaming.
Where is this conventional restaurant located?
The property is located at 2250 11th Helena, MT.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 6850‑square‑foot restaurant property at 2250 11th Avenue, Helena, Montana; Two‑lot configuration included with the property; Montana All‑Beverages Liquor License with Catering Endorsement
