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Iconic Waterhole Saloon For Sale
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87 Central Avenue, Stanford, MT 59479

Established Montana saloon with licenses and community gathering place.

Property Size4,210 SF
Price / SF$66.48
Days on Market835

Property Features for 87 Central Avenue

General Information

Standard status Active
Size 4,210 SF
Property subtype Mixed Use, Retail

Building Details

Year Built 1900
Listing Agency: United Country RE / Legacy Realty and Auction, LLC
Listed By: Sasha Keller · License #RRE-BRO-LIC-98873
Source: Crexi
Added: Apr 30, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:24AM

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 United Country RE / Legacy Realty and Auction, LLC

Investment Insights

Based on property information with market context.

The Waterhole Saloon, a long-established business in Stanford, Montana, is available for purchase. This community gathering place attracts local cowboys, farmers, and visitors. The property features a private casino. A remodel completed in 2013 included circular-sawn fir flooring, weathered tin accents, a steel bar top, a new water heater, and two new furnaces. The sale includes a full liquor license, catering license, and gaming license, providing multiple revenue streams. Numerous annual community events bring visitors from surrounding areas. The property size is 4210 square feet.

Key Highlights

  • Established and iconic business: The Waterhole Saloon is a long‑standing, well‑loved community gathering place.
  • Multiple revenue streams: Includes a full liquor license, catering license, and gaming license.
  • Private casino: Offers a comfortable space for gaming enthusiasts.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Electrical Service Garden Center Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 100%
d's Supermarket Groceries
1,072 visits/mo 0.3 miles

Demographics for 59479, MT

819
Population
430
Households
1.9
Avg Household Size
50
Median Age
26%
College-Educated
95%
High-School Grad
670.9 sq mi
ZIP Area
1
Density / Sq Mi
$50,903
Median Household Income
$30,313
Median Earnings
$410
Median Rent
$190,400
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Waterhole Saloon 87 Central Ave, Stanford, MT 59479
  • R Bar 36619 US-87, Stanford, MT 59479

Frequently Asked Questions

What type of property is this?
Bar & Pub - Established Montana saloon with licenses and community gathering place.
Where is this bar & pub located?
The property is located at 87 Central Avenue Stanford, MT.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Established and iconic business: The Waterhole Saloon is a long‑standing, well‑loved community gathering place.; Multiple revenue streams: Includes a full liquor license, catering license, and gaming license.; Private casino: Offers a comfortable space for gaming enthusiasts.
(406) 868-8083 Call to check price and availability
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