Turn-Key Lounge and
For Sale
$400,000
239 Main Street, Shelby, MT 59474
COMMERCIAL - MT
Property Size4,670 SF
Lot Size0.15 Acres
Price / SF$85.65
Days on Market235
Property Features for 239 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
On Street
Subdivision
(99) All Other Areas/See Remarks
Standard status
Active
APN
503896
Size
4,670 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Description
SHELBY SECOND ADD, S27, T32 N, R02 W, BLOCK 012, LOT 016, 70 X 90' OF LTS 16 & 17 EXCEPT SOUTH 15' OF LOT 16
Tax Annual Amount
3722
Legal Description
SHELBY SECOND ADD, S27, T32 N, R02 W, BLOCK 012, LOT 016, 70 X 90' OF LTS 16 & 17 EXCEPT SOUTH 15' OF LOT 16
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1923
Floors in Building
1
Listing Agency:
Corder and Associates LLC
(406) 622-3224
Listed By:
Trampus Corder · License #RRE-BRO-LIC-38039
(406) 622-3224
Added: Dec 8, 2025
Changed: Jun 9
Last Checked: Jul 31 at 1:06PM
MLS# 343547
Copyright © 2026 Billings Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turn-key bar and restaurant is set up and maintained by the current owners, featuring a corrugated-wrapped bar in the lounge and warm lighting with welcoming decor in the dining area. Arched doorways add distinctive character throughout. A full liquor license accompanies the sale, and the offering includes furnishings, inventory, appliances, and decor.
The property also includes a beauty shop on the corner next to the Alibi Lounge. The beauty shop is connected to the restaurant and has been rented by the same tenant for numerous years, generating rental income of $450 per month.
For buyers looking for an operating hospitality business with in-place interior improvements and included operating assets, this layout supports a lounge experience alongside a dedicated dining space. The connected beauty shop provides an additional, separately leased component within the same property footprint, offering practical flexibility for an owner-operator or investor that wants more than one income stream tied to a single purchase.
The property also includes a beauty shop on the corner next to the Alibi Lounge. The beauty shop is connected to the restaurant and has been rented by the same tenant for numerous years, generating rental income of $450 per month.
For buyers looking for an operating hospitality business with in-place interior improvements and included operating assets, this layout supports a lounge experience alongside a dedicated dining space. The connected beauty shop provides an additional, separately leased component within the same property footprint, offering practical flexibility for an owner-operator or investor that wants more than one income stream tied to a single purchase.
Key Highlights
- Alibi Lounge restaurant includes a full liquor license with the sale
- Connected beauty shop on the corner is rented by the same tenant with rental income of $450/month
- Heating: natural gas forced air; cooling: central air
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 59474, MT
3,476
Population
1,580
Households
2.2
Avg Household Size
40
Median Age
22%
College-Educated
87%
High-School Grad
553.1 sq mi
ZIP Area
6
Density / Sq Mi
$54,004
Median Household Income
$39,160
Median Earnings
$770
Median Rent
$203,600
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Montana Club — 221 Main St, Shelby, MT 59474
- Tap Room LLC — 244 Main St, Shelby, MT 59474
- Oasis Bar & Casino — 111 Central Ave, Shelby, MT 59474
- Alibi Lounge — 239 Main St, Shelby, MT 59474
- The D'Xie Casino Bar — Shelby, MT 59474
Frequently Asked Questions
What type of property is this?
Bar & Pub - Turn-key bar and restaurant with a full liquor license, plus an attached, long-term rented beauty shop.
Where is this bar & pub located?
The property is located at 239 Main Street Shelby, MT.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Alibi Lounge restaurant includes a full liquor license with the sale; Connected beauty shop on the corner is rented by the same tenant with rental income of $450/month; Heating: natural gas forced air; cooling: central air
