Property profile

3189 Hwy 83 Seeley Lake, MT 59868

OFF-MARKET
Casinos
6,751 SF 1.6 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional Montana commercial property, located at 3189 Hwy 83 N in Seeley Lake, presents a lucrative investment opportunity. The 6,751-8,799 square foot building houses a well-established and profitable bar, grill, and casino, complete with an all-beverage license and gaming permits. All fixtures and business equipment are included in the sale. Generating additional income are leased commercial storefronts within the main building. A detached laundromat facility further enhances the property's revenue streams. Situated on 1.6 acres, the property offers significant potential. The property's location near the Bob Marshall Wilderness Area and Blackfoot River ensures a robust customer base, fueled by substantial summer and winter tourism, including snowmobiling. Annual property taxes are $8,073. The property features paved and gravel areas. Water is provided by a community/cooperative system. An optional purchase includes an adjacent 1.97-acre residential lot with a 1790 sq ft, 3 bedroom, 2 bathroom home, offering further development potential, subject to Missoula County approval, under the Seeley Lake Comprehensive Plan's 4 units/acre designation. The asking price for this mixed-use property is $1,480,000, with a price per square foot of $199.97. The property consists of four units and was built in 1960.

Property profile

Verified
Property type Casinos
Year built 1960
Total area 6,751 SF
Lot 1.6 ac (69,696 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3189 Hwy 83 Seeley Lake, MT 59868
Seeley Lake 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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