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87 Central Ave Stanford, MT 59479-9582

OFF-MARKET Bars & Pubs Google Maps
1,347 SF 0.16 ac lot Built 1900
Individually Owned 3-yr Hold Free & Clear
Estimated value
No estimation on file for this property yet.
Property ID US52-0658746

Property summary

AI-generated overview

This exceptional opportunity presents the chance to own the renowned Waterhole Saloon, a long-standing fixture in the charming town of Stanford, Montana. Situated on a 0.24-acre lot at 87 Central Avenue, this well-established business boasts a loyal clientele drawn to its unique atmosphere and popular events. The saloon offers a welcoming space for locals and visitors alike, featuring a private casino for those seeking entertainment. A comprehensive remodel in 2013 enhanced the rustic charm with the addition of circular sawn fir flooring, weathered tin accents, and a steel bar top. The property also includes updated mechanical systems, such as a new water heater and two new furnaces. The sale includes a valuable full liquor license, catering license, and gaming license, providing a turnkey operation for the new owner. The Waterhole Saloon benefits from its location in a vibrant community that hosts numerous annual events, including a Christmas Stroll & Wreath Auction, Scarecrow Festival, CMR Stampede PRCA Rodeo & Street Dance, and shipping parties, ensuring a consistent flow of customers throughout the year. This is a rare chance to acquire a thriving business with significant potential for growth in a picturesque Montana setting. The asking price is $275,000.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1900
Construction WOOD
Total area 1,347 SF
Lot 0.16 ac (7,013 SF)
APN 36-2568-16-2-23-04-0000
UPID US52-0658746

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

since 2023
2 recorded transactions
2023
Price N/A
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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