Hospitality and Gaming
5 Swan Way Bigfork Bigfork, MT 59911
5 Swan Way Bigfork, Bigfork, MT, 59911
$4,000,000
For Sale
$4,000,000
Iconic lodge, saloon, and casino property with upper entertainment space and downstairs guest rooms.
Property Size12,236 SF
Lot Size1.46 Acres
Price / SF$326.90
Days on Market22
Property Features for 5 Swan Way Bigfork
General Information
- Standard status
- Active
- Size
- 12,236 SF
- Lot size
- 1.46 Acres
Building Details
- Year Built
- 2005
Listing agency
(406) 415-8680
Listed by
Chap Godsey
(406) 415-8680
Source
Glacier-country-kalispell-mt.remax
Added: Jun 30 Updated: Jul 20 at 8:57PM Checked: Jul 21 at 3:24AM
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 Chap Godsey
Investment Insights
Based on property information with market context.
This hospitality property includes a saloon, casino, grill, and lodge components in a single 12,236 SF building on 1.46 acres. The upper level offers more than 6,300 SF of saloon, casino, and restaurant space and operates with a Full Liquor License, Casino License, and Sports Betting License, along with a Catering Endorsement and Non-Continuous Storage Endorsement. A newly updated back patio provides an outdoor gathering area.
Downstairs features nine lodge rooms plus a library, laundry, utility area, and an enclosed beer cooler. The business is presented as turnkey for sale, and the property is located directly across the street from the Bigfork Rodeo grounds, just outside Bigfork.
With its combination of dining, gaming, guest accommodations, and the related operating endorsements and licenses noted in the offering, the building is configured to support an ongoing hospitality and entertainment operation.
Downstairs features nine lodge rooms plus a library, laundry, utility area, and an enclosed beer cooler. The business is presented as turnkey for sale, and the property is located directly across the street from the Bigfork Rodeo grounds, just outside Bigfork.
With its combination of dining, gaming, guest accommodations, and the related operating endorsements and licenses noted in the offering, the building is configured to support an ongoing hospitality and entertainment operation.
Key Highlights
- 12,236 SF lodge, saloon, and casino property on 1.46 acres
- Upper level includes 6,300+ SF of saloon, casino, and restaurant space
- Licenses/endorsements include full liquor license, casino license, sports betting license, catering endorsement, and non‑continuous storage endorsement
Local 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 | $232.0k | $18.96 |
| − Vacancy | −$7.0k | −$0.57 |
| EGI | $225.0k | $18.39 |
| − OpEx | −$56.3k | −$4.60 |
| NOI | $168.8k | $13.79 |
12,236 SF · lease $18.96/SF/yr · vacancy 3.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.41M
$2.11M – $2.81M
NOI $168,776 @ 7.0% cap · market cap 4.22%
Second Best
Hotel Hospitality
$1.32M
$1.15M – $1.53M
NOI $92,064 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$2.73M
$2.39M – $3.19M
NOI $191,234 @ 7.0% cap · market cap 4.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Casinos
Similar For Sale Nearby
FAQs
What type of property is this?
Casino - Iconic lodge, saloon, and casino property with upper entertainment space and downstairs guest rooms.
Where is this casino located?
The property is located at 5 Swan Way Bigfork Bigfork, MT.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 12,236 SF lodge, saloon, and casino property on 1.46 acres; Upper level includes 6,300+ SF of saloon, casino, and restaurant space; Licenses/endorsements include full liquor license, casino license, sports betting license, catering endorsement, and non‑continuous storage endorsement
