Property summary
This exceptional business opportunity presents a well-established bar and restaurant located at 6287 Hwy 83 N in Condon, Montana. Boasting 4,554 square feet of usable space, this property sits on a 1.66-acre lot and includes a 624 square foot cabin, ideal for owner use or rental income. The property features a full bar, restaurant, casino gaming machines, outdoor patio seating, and amenities such as mini golf, cornhole, and horseshoes, catering to a diverse clientele. The business enjoys a 12-month season, attracting tourists, travelers, fishermen, hunters, and snowmobilers throughout the year. High traffic counts of 1975 vehicles per day on Highway 83 ensure consistent customer flow. The interior includes a private dining room and a spacious area for events, further enhanced by an outdoor party tent. The business also offers weekly prime rib dinners, bingo nights, and karaoke, fostering a strong local following. The asking price is $1,100,000, with a 12% cap rate and 100% occupancy. Built in 1975, the property has undergone numerous updates and improvements. Licenses and future booked events are included in the sale. Inventory is negotiable, and a full list of furniture, fixtures, and equipment is available upon request. This turnkey operation offers a unique blend of established success and significant growth potential.
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6 recent transactions · within 1.5 miComparable in this City
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