Property profile

6287 Hwy 83 Condon, MT 59826

OFF-MARKET
Commercial real estate
4,554 SF 1.66 ac lot Built 1975
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Property summary

AI-generated overview

This exceptional Condon, MT business opportunity encompasses a thriving bar, casino, and event center, all situated on a 1.66-acre lot. The main building boasts 4,554 square feet of well-appointed space, including a restaurant area, a private dining room perfect for family gatherings, and a dedicated casino gaming area featuring various machines. The property also includes a spacious outdoor patio for seating and a party tent ideal for catered events. Adding to the entertainment options are mini golf, cornhole, and horseshoes. The business enjoys a 12-month season, catering to a diverse clientele including tourists, travelers, fishermen, hunters, and snowmobilers throughout the year. High traffic counts of 1975 vehicles per day on Highway 83 N ensure excellent visibility and accessibility. Included in the sale are existing licenses and future booked events. Inventory is negotiable, and a complete list of furniture, fixtures, and equipment (FF&E) is available upon request. Further enhancing the property's value is a 624-square-foot cabin, suitable for owner use or as a separate rental income source. This turnkey operation presents a unique opportunity for an entrepreneur seeking a well-established and profitable business in a desirable location. Bingo and Karaoke nights, along with weekly prime rib specials, contribute to the establishment's popularity among locals.

Property profile

Verified
Property type Commercial real estate
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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