Bozeman Restaurant, Bar, and
For Sale
Contact for pricing
75770 Gallatin Rd, Bozeman, MT 59718
Turnkey restaurant, bar, lounge, dance hall, and casino on 2.3 acres.
Property Size10,125 SF
Lot Size2.30 Acres
Price / SF$459.26
Days on Market275
Property Features for 75770 Gallatin Rd
General Information
Standard status
Active
Size
10,125 SF
Lot size
2.30 Acres
Property subtype
Hospitality, Retail
Listing Agency:
Charter Realty
(406) 581-6595
Listed By:
Andrew Inches · License #70850
Source:
Crexi
Added: Nov 18, 2025
Changed: Aug 14
Last Checked: Aug 20 at 8:48AM
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 Charter Realty
Investment Insights
Based on property information with market context.
The Jump in Bozeman, Montana, is a fully operational restaurant, bar, lounge, dance hall, and casino. The property, situated on 2.3 acres, benefits from direct highway access and high visibility along Highway 191, which sees 15,895 vehicles per day. The approximately 10,000-square-foot facility offers flexibility for restaurant operators, hospitality groups, event producers, or entertainment concepts. The property includes a full all-beverage liquor license with gambling and catering endorsements. The restaurant and bar can seat 120 guests and features an open dance floor, accommodating a total floor capacity of 180 people. It also includes a Jereco-designed sound system engineered for professional stage performances. The lounge and billiard room provide additional seating for 50 guests and two full-size pool tables. The casino has eight gaming machines with the capacity to add more. The property is equipped with a state-of-the-art Jereco Studio-designed AV system, an indoor dedicated event room with a private kitchen and bar, designed for full-scale productions with stage hookups, ideal for chef’s table dinners or groups up to 75 guests. Outdoor event capacity is 1,500+ guests, with a total venue capacity of 400. Additional features include eight large-screen TVs with full AV connectivity and a custom professional sound system for live music, DJs, and house audio. There is a drive-thru with a menu board and ordering system, two commercial kitchens, two full bars, and a built-in wood-fired pizza oven. On-site parking is included.
Key Highlights
- Fully operating restaurant, bar, lounge, dance hall, and casino with multiple revenue centers.
- Full All‑Beverage Liquor License with Gambling & Catering endorsements.
- 2.3 acres with direct highway access and excellent visibility (15,895 ADT).**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$142,135
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,842,700
$2.8M
Cap Rate 7%
$2,030,500
$2.0M
Cap Rate 9%
$1,579,278
$1.6M
Market Conditions
NOI Build-Up for 10,125 SF
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.
Gross rent
$202.9K $20.04/SF
− Vacancy
−$13.4K −$1.32/SF
EGI
$189.5K $18.72/SF
− OpEx
−$47.4K −$4.68/SF
NOI
$142.1K $14.04/SF
Area
Gallatin County, MT
Vacancy
6.60%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,842,700
Cap Rate 7%
$2,030,500
Cap Rate 9%
$1,579,278
Alternative Uses
Best Use
Specialty Retail
$2.03M
$1.78M – $2.37M
NOI $142,135 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.64M
$2.31M – $3.08M
NOI $185,069 @ 7.0% cap · market cap 3.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
95
Businesses Nearby
8k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Exxon
Shops & Services
7,926 visits/mo
0.5 miles
Demographics for 59718, MT
43,831
Population
19,765
Households
2.2
Avg Household Size
33
Median Age
57%
College-Educated
97%
High-School Grad
164.5 sq mi
ZIP Area
266
Density / Sq Mi
$91,852
Median Household Income
$44,915
Median Earnings
$1,748
Median Rent
$579,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Turnkey restaurant, bar, lounge, dance hall, and casino on 2.3 acres.
Where is this bar & pub located?
The property is located at 75770 Gallatin Rd Bozeman, MT.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: Fully operating restaurant, bar, lounge, dance hall, and casino with multiple revenue centers.; Full All‑Beverage Liquor License with Gambling & Catering endorsements.; 2.3 acres with direct highway access and excellent visibility (15,895 ADT).**
