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Property profile & analytics
OFF-MARKET
Mixed-use properties

32 Front St Drummond, MT 59832

0.24 ac lot
Property ID
Property summary
AI-generated overview

This well-established, mixed-use property located at 32 E Front Street in Drummond, Montana, is offered at $535,000. The property encompasses 0.24 acres and includes a thriving restaurant known as Parker's Restaurant, a local landmark and regional favorite for many years. The restaurant boasts ample seating for customers inside, with additional seating available on a fenced rear patio, ideal for outdoor dining or entertainment. A fully equipped kitchen is complemented by a dedicated on-site bakery producing fresh rolls and specialty items daily. The restaurant holds a beer and wine license, enhancing its appeal and revenue streams. Situated on three city lots, the property provides generous on-street and off-street parking for patrons' convenience. Its prime location on the main thoroughfare in Drummond, just off I-90, places it conveniently along the route to popular destinations such as Philipsburg, Georgetown Lake, and Discovery Ski Area, ensuring high visibility and accessibility for both local and tourist traffic. This turnkey opportunity presents a unique chance to acquire a profitable, established business with significant growth potential in a desirable Montana location. The property's zoning allows for mixed-use purposes, offering flexibility for future expansion or diversification. The sale includes all existing restaurant equipment and fixtures.

Property profile
Verified
Property type Mixed-use properties
Lot 0.24 ac (10,454 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Parker's Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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