Turnkey Bar and Gaming Liquor
2740 Elm Street Butte, MT 59701
New
For Sale
$710,000
For sale as a turnkey operation with the real estate, all-beverage liquor and gaming license, and bar equipment included.
Property Size3,087 SF
Price / SF$229
Days on Market7
Property Features for 2740 Elm Street
General Information
- Standard status
- Active
- Size
- 3,087 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing Agency:
Platinum Real Estate
(406) 491-6449
Listed By:
Shelly Horsley & Cameron Beardslee · License #RBS-80346
Source:
Clearwaterproperties
Added: Jul 17
Changed: Jul 23
Last Checked: Jul 23 at 6:33AM
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 Platinum Real Estate
Investment Insights
Based on property information with market context.
This long-standing bar and gathering spot is offered as a turnkey opportunity with the real estate included. The sale is described as ready for immediate operation, and it includes an all-beverage liquor and gaming license along with darts, an ATM, and all bar equipment and supplies.
Public remarks indicate the establishment has been serving the community since the 1940s, evolving into a go-to location for events including parties, summer gatherings, and volleyball tournaments.
Located at 2740 Elm Street in Butte, the offering is positioned as a continuing-use property with the key operating components conveyed for a smooth transition.
Public remarks indicate the establishment has been serving the community since the 1940s, evolving into a go-to location for events including parties, summer gatherings, and volleyball tournaments.
Located at 2740 Elm Street in Butte, the offering is positioned as a continuing-use property with the key operating components conveyed for a smooth transition.
Key Highlights
- Includes the real estate and a turnkey operation sale with an all‑beverage liquor and gaming license
- Bar equipment and supplies included, along with darts and an ATM
- Established business with Jim's Bar serving the community since the 1940s
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 | $51.9k | $16.80 |
| − Vacancy | −$1.3k | −$0.42 |
| EGI | $50.6k | $16.38 |
| − OpEx | −$12.6k | −$4.10 |
| NOI | $37.9k | $12.29 |
3,087 SF · lease $16.80/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$541.8K
$474.1K – $632.1K
NOI $37,924 @ 7.0% cap · market cap 5.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$672.8K
$588.7K – $784.9K
NOI $47,095 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jim's Bar
Bar & Pub
Similar Off Market Nearby
- Jim's Bar — 2740 Elm St, Butte, MT 59701
- McGrath’s Pub — 2201 Silver Bow Blvd, Butte, MT 59701
- Silver Bow Athletic Club — 1203 Howard St, Butte, MT 59701
- Mc Queen Athletic Club — 3250 Hecla St, Butte, MT 59701
- East Side Athletic Club — 3200 Dexter St, Butte, MT 59701
FAQs
What type of property is this?
Bar & Pub - For sale as a turnkey operation with the real estate, all-beverage liquor and gaming license, and bar equipment included.
Where is this bar & pub located?
The property is located at 2740 Elm Street Butte, MT.
What is the asking price?
The asking price for this property is $710,000.
What are key features of this property?
This property features: Includes the real estate and a turnkey operation sale with an all‑beverage liquor and gaming license; Bar equipment and supplies included, along with darts and an ATM; Established business with Jim's Bar serving the community since the 1940s
