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Property profile

6287 Hwy 83 Condon, MT 59826

OFF-MARKET
Retail properties & Spaces
4,554 SF 1.66 ac lot Built 1975
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1975
Total area 4,554 SF
Lot 1.66 ac (72,310 SF)

Cap rate & NOI

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

Location

6287 Hwy 83 Condon, MT 59826
Condon metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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