538 Madison Ave, West Yellowstone, MT 59758
Established restaurant near Yellowstone National Park for sale.
- Added:
- Jan 27, 2026
- Days on Market:
- 155
- Last Refresh:
- Mar 17 at 1:13 pm
Property Features for 538 Madison Ave
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Property subtype
- Hospitality, Mixed Use, Multifamily
Listing office Misty Mountain Property
Listing date Jan 27, 2026
Source Crexi
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 Misty Mountain Property
HighLights
- Established restaurant near Yellowstone National Park.
- Consistent production of quality food for families and tourists.
- Multiple awards including Travelers Choice in 2023 and 2024.
- Published in travel magazines and highly reviewed online.
- Recent upgrades include new carpet, exterior paint, and upgraded customer bathrooms.
- Committed staff providing a great atmosphere and product.
Overview
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 | $70.1k | $20.04 |
| − Vacancy | −$4.6k | −$1.32 |
| EGI | $65.5k | $18.72 |
| − OpEx | −$16.4k | −$4.68 |
| NOI | $49.1k | $14.04 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Trappers Family Restaurant — 301 Madison Ave, West Yellowstone, MT 59758
- Blue Cloud House — 621 Firehole Ave, West Yellowstone, MT 59758
- Yellowstone — 250 S Canyon St, West Yellowstone, MT 59758
Map
- City
- West Yellowstone
- County
- Gallatin
- State
- Montana
- Longitude
- -111.1104395
- Latitude
- 44.6603396
