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    122 Wallace St Ennis, MT 59755

    Sponsored
    For Sale
    $450,000

    Prime Location, Turnkey Business

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 1865 historic retail building, located at 122 W Wallace Street in Virginia City, Montana, is offered for sale at $450,000. The 1,971 square foot building sits on a 2,352 square foot lot and is currently operating as a successful souvenir and gift shop, including all fixtures and inventory at the time of sale (seller to provide exclusion list). The property boasts a prime location in the heart of Virginia City's historic district, ensuring high visibility and foot traffic. Its versatile layout is suitable for a variety of commercial ventures, from a general store to a café or museum. The building retains its original hardwood floors and antique fixtures, creating a unique and charming atmosphere. The rustic stone façade and nostalgic signage evoke the spirit of the Old West, attracting tourists and locals alike. This iconic property presents a compelling investment opportunity for entrepreneurs and history enthusiasts seeking to own a piece of Montana's past. Potential buyers must provide proof of funds to schedule a viewing. Financials will be provided to qualified buyers upon signing a non-disclosure agreement. Please respect the business's operating hours.

    Property Features for 122 Wallace St

    General Information

    Property type
    Retail properties

    Building Details

    Year Built
    1865

    HighLights

    • Historic 1865 retail building in Virginia City, MT, offered at $450,000.
    • 1,971 SF building on a 2,352 SF lot, currently operating as a successful gift shop, including fixtures and inventory (seller to provide exclusion list).
    • Prime location in Virginia City's historic district, ensuring high visibility and foot traffic.
    • Versatile layout suitable for various commercial uses.
    • Features original hardwood floors and antique fixtures.
    • Rustic stone façade and nostalgic signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ennis
    County
    Madison
    State
    Montana
    Longitude
    -111.9442882
    Latitude
    45.2932548

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    FAQs

    What type of property is this?
    Retail property - Prime Location, Turnkey Business
    Where is this retail property located?
    The property is located at 122 Wallace St Ennis, MT.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: Historic 1865 retail building in Virginia City, MT, offered at $450,000.; 1,971 SF building on a 2,352 SF lot, currently operating as a successful gift shop, including fixtures and inventory (seller to provide exclusion list).; Prime location in Virginia City's historic district, ensuring high visibility and foot traffic.
    Request Owner's contact information
    122 Wallace St Ennis, MT 59755
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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
    122 Wallace St Ennis, MT 59755
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