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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

105 Main St Sheridan, MT 59749

0.04 ac lot Built 1905
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1905
Lot 0.04 ac (1,742 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
  • Sheridan Liquor Store (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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