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    Bar, Restaurant, and Casino Title is generated by Realmo AI

    6287 Mt Highway 83, Condon, MT 59826

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    New
    For Sale
    $1,500,000

    Well-updated entertainment venue with bar, restaurant, casino gaming, outdoor patio space, and licensed operations.

    Property size:
    5,178 SF
    Price / SF:
    $289/SF
    Added:
    Jun 16, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 20 at 2:25 am

    Property Features for 6287 Mt Highway 83

    General Information

    Standard status
    Active
    Size
    5,178 SF

    Building Details

    Year Built
    1975

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    Listing Contact
    Ted Dykstra Jr

    Listing agent Ted Dykstra Jr

    Listing office Keller Williams Realty Northwest Montana

    Listing date Jun 16, 2026

    Source Purewestrealestate

    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 Keller Williams Realty Northwest Montana

    HighLights

    • Well‑updated bar, restaurant, and entertainment venue with casino gaming machines on site
    • 4,554 sq ft of usable bar and restaurant space, plus a private dining room for families
    • Outdoor patio seating and outdoor party tent for catered events
    • Includes a 624 sq ft cabin for owner use or rental income
    • Licensed business includes future booked events; inventory is negotiable
    • MTDOT traffic counts of 1,975+ vehicles per day run in front of the business

    Overview

    This well-established bar, restaurant, and casino combines indoor entertainment with guest gathering spaces. The bar and restaurant provide 4,554 square feet of usable, well-appointed space, including a bar area with casino gaming machines, a private dining room for families, and an outdoor patio setup for guest seating. The operation also includes an event-capable outdoor party tent for catered events and on-site recreation such as mini golf, cornhole, and horseshoes. An included 624-square-foot cabin is available for owner use or rental income, and the property comes with licenses. The inventory is negotiable, and future booked events are included.

    The business is located at 6287 Mt Highway 83 in Condon, Montana, with MTDOT traffic counts indicating 1,975+ vehicles per day in front.

    This offering is suited for an operator or buyer seeking a turnkey hospitality and entertainment concept that already incorporates bar service, food service, and casino-style gaming within one facility, supported by existing updates and an event calendar including bingo and karaoke nights plus regularly scheduled featured dining. The included owner cabin and event infrastructure can help support diversified revenue streams tied to both local patronage and seasonal visitors.

    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 $142.9k $27.60
    − Vacancy −$3.6k −$0.69
    EGI $139.3k $26.91
    − OpEx −$34.8k −$6.73
    NOI $104.5k $20.18
    5,178 SF · lease $27.60/SF/yr · vacancy 2.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.49M
    $1.31M – $1.74M (±1% cap)
    NOI $104,505 @ 7.0% cap · market cap 6.97%
    Second Best
    Hotel Hospitality
    $569.2K
    $498.1K – $664.1K (±1% cap)
    NOI $39,845 @ 7.0% cap · market cap 2.66%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Casinos

    Suggested Use

    Spa & Massage Center Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Condon
    County
    Missoula
    State
    Montana
    Longitude
    -113.67583
    Latitude
    47.477947

    FAQs

    What type of property is this?
    Casino - Well-updated entertainment venue with bar, restaurant, casino gaming, outdoor patio space, and licensed operations.
    Where is this casino located?
    The property is located at 6287 Mt Highway 83 Condon, MT.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Well‑updated bar, restaurant, and entertainment venue with casino gaming machines on site; 4,554 sq ft of usable bar and restaurant space, plus a private dining room for families; Outdoor patio seating and outdoor party tent for catered events
    More about this property
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