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Highway Frontage Restaurant and Bar
For Sale
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1962 MT Hwy 28, Hot Springs, MT 59845

4.863 acres with restaurant/bar, conversion potential, excellent condition.

Property Size3,168 SF
Lot Size4.86 Acres
Price / SF$156.25
Days on Market880

Property Features for 1962 MT Hwy 28

General Information

Standard status Active
Size 3,168 SF
Lot size 4.86 Acres
Property subtype Mixed Use

Building Details

Year Built 1997
Listing Agency: Kelly Right Real Estate of Montana LLC - Kalispell
Listed By: Paul Heidegger · License #RRE-RBS-LIC-109601
Source: Crexi
Added: Mar 26, 2024 Changed: Aug 21 Last Checked: Jul 23 at 12:02PM

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 Kelly Right Real Estate of Montana LLC - Kalispell

Investment Insights

Based on property information with market context.

This 4.863-acre property, currently operating as a restaurant and bar, offers versatile potential with prime highway frontage. The existing structures are in excellent condition and could be converted into a residence or reimagined for a variety of uses. The property benefits from an artesian well and a commercial septic system. The land is flat and fully usable, featuring multiple access points from the highway, with the potential for additional acreage. The property is located one mile from a lighted city airport and two miles from the mineral hot springs in Hot Springs, Montana. It is one hour from both Missoula and Kalispell, Montana, twenty minutes from a hospital and the Clark Fork River, and two hours from Glacier National Park; Flathead Lake is forty-five minutes away. The existing building is 3168 square feet. The sellers may consider creative financing or joint venture opportunities.

Key Highlights

  • 4.863 acres with prime Hwy 28 frontage offering versatile use possibilities.
  • Structures in excellent condition with an impressive artesian well and commercial septic system.
  • Flat, fully usable land with multiple highway access points and potential for additional acreage.

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Building Supply Dental Office Restaurant Hotel & Motel

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

19
Businesses Nearby
Well-served
Demand for This Use

Demographics for 59845, MT

1,254
Population
717
Households
1.7
Avg Household Size
54
Median Age
20%
College-Educated
89%
High-School Grad
442.3 sq mi
ZIP Area
3
Density / Sq Mi
$31,458
Median Household Income
$20,987
Median Earnings
$639
Median Rent
$174,200
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
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Frequently Asked Questions

What type of property is this?
Bar & Pub - 4.863 acres with restaurant/bar, conversion potential, excellent condition.
Where is this bar & pub located?
The property is located at 1962 MT Hwy 28 Hot Springs, MT.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 4.863 acres with prime Hwy 28 frontage offering versatile use possibilities.; Structures in excellent condition with an impressive artesian well and commercial septic system.; Flat, fully usable land with multiple highway access points and potential for additional acreage.
(406) 260-2567 Call to check price and availability
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