Current Use by Public Records
- Sheridan Liquor Store / (Bike/Boat/Book/etc) Store / Wine and Liquor Store
Property Details for 105 Main St
- Year built
- 1905
- Lot size
- 0.04 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Bars & Pubs
Description
This exceptional investment opportunity in Sheridan, Montana, presents a charming, established restaurant and bar located at 105 S Main Street. Built in 1905, the property sits on a 0.04-acre lot and offers significant potential for continued success. The business, known as Candlelight Cafe and Gifts, benefits from a prime Main Street location, ensuring high visibility to both local residents and tourists. Recent upgrades include a new stainless steel refrigerator, under-counter freezer, glass-door refrigerator, full-size convection oven, and wine refrigerator, enhancing operational efficiency and appeal. The cafe features air conditioning and large front windows, creating a comfortable atmosphere for patrons. Adding to the investment potential, the property includes a 900-square-foot, two-bedroom, one-bathroom apartment. This apartment boasts hot water radiant heat and a laundry room, providing the possibility of supplemental rental income or on-site housing for the owner or manager. The sale includes both the building and the established business, presenting a turnkey opportunity for a savvy investor. The property is situated in the heart of the Ruby Valley, offering a unique blend of historic charm and modern amenities. The asking price for this combined restaurant and apartment property is $480,000. This is a rare chance to acquire a well-established business with significant upside potential in a desirable Montana location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sheridan
- County
- Madison
- State
- Montana
- Longitude
- -112.197
- Latitude
- 45.456
