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    1101 Central Ave Great Falls, MT 59401

    Sponsored
    For Sale
    $670,000

    Turnkey Korean restaurant, high-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 1101 Central Avenue in Great Falls, Montana, presents a unique investment opportunity. The 0.344-acre lot houses a thriving, established "Korean Cup Bop" restaurant, complete with a drive-through window and ample seating both indoors and outdoors. The building, constructed in 1962, benefits from a highly visible Central Avenue location, a key advantage for attracting customers. The property includes approximately 22 off-street parking spaces, a significant asset in a busy downtown area. This turnkey operation offers the potential for immediate income generation, with the current owner willing to provide training to ensure a smooth transition. The sale includes both the successful business and the building itself, providing a comprehensive investment package. Situated near the growing and vibrant downtown Great Falls area, this property offers significant potential for expansion and increased profitability. The corner location at 11th and Central Avenue ensures high visibility and accessibility. The asking price for this exceptional opportunity is $670,000. This is a rare chance to acquire a well-established business with significant growth potential in a desirable location.

    Property Features for 1101 Central Ave

    General Information

    Property type
    Restaurants
    Lot Size
    14,985 SF

    Building Details

    Year Built
    1962

    HighLights

    • $670,000 asking price.
    • Mixed‑use, retail property with restaurant subtype.
    • Located at 1101 Central Avenue, Great Falls, MT 59401.
    • 0.344‑acre lot.
    • Built in 1962.
    Property Profile Location Intelligence

    Current Use by Public Records

    Alberta Motel Motel Korean Cup Bop Korean Barbecue Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Great Falls
    County
    Cascade
    State
    Montana
    Longitude
    -111.2882173
    Latitude
    47.5055506

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Korean restaurant, high-traffic location.
    Where is this restaurant located?
    The property is located at 1101 Central Ave Great Falls, MT.
    What is the asking price?
    The asking price for this property is $670,000.
    What are key features of this property?
    This property features: $670,000 asking price.; Mixed-use, retail property with restaurant subtype.; Located at 1101 Central Avenue, Great Falls, MT 59401.
    Request Owner's contact information
    1101 Central Ave Great Falls, MT 59401
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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
    1101 Central Ave Great Falls, MT 59401
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