6287 Hwy 83 Condon, MT 59826

Property Details for 6287 Hwy 83

Year built

1975

Lot size

1.66 lot acres

Property size

4,554 SF

Property type

Retail properties

Property subtype

Bars

Description

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.