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    213 Main St Hot Springs, MT 59845

    For Sale
    $449,000

    Established eatery, full liquor license, downtown location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional opportunity presents a well-established restaurant and bar for sale in the vibrant heart of Hot Springs, Montana. Located just a block from the renowned mineral soak and historic hotel on a 0.16-acre lot at 213 Main Street, this business boasts a 15-year history of consistent year-round revenue and a loyal customer base. The property, built in 1940, features a dining room with multiple heat sources including a wood-burning insert, propane forced air, and efficient mini-split heating and cooling systems. Solid wood floors grace the dining area, complemented by recently updated barstools. A fully equipped kitchen, complete with dependable and well-maintained equipment, is enhanced by a dedicated bakery and ample storage space. The roof was recently replaced in 2019 and carries a 12-year warranty. This turnkey operation offers a unique chance to own a thriving business in a desirable Montana location. The asking price is $449,000. This is a special purpose property with significant potential for continued success.

    Property Features for 213 Main St

    General Information

    Property type
    Specialty properties
    Lot Size
    6,970 SF

    Building Details

    Year Built
    1940

    HighLights

    • $449,000 asking price.
    • Established restaurant & bar with full liquor license in downtown Hot Springs, MT.
    • 15‑year history with solid year‑round revenue and customer base.
    • Features multiple heat sources, solid wood floors, updated barstools, and a full kitchen with dependable equipment.
    • 2019 roof with a 12‑year warranty.
    • 0.16‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Realty agency Hair Salon Auto Parts Store Law Firm Auto Repair Shop Nail Salon Storage Facility Grocery Store Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Sanders
    State
    Montana
    Longitude
    -114.6707083
    Latitude
    47.6083024

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Specialty property - Established eatery, full liquor license, downtown location.
    Where is this specialty property located?
    The property is located at 213 Main St Hot Springs, MT.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: $449,000 asking price.; Established restaurant & bar with full liquor license in downtown Hot Springs, MT.; 15-year history with solid year-round revenue and customer base.
    Request Owner's contact information
    213 Main St Hot Springs, MT 59845
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    213 Main St Hot Springs, MT 59845
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