Current Use by Public Records
- Retail properties & Spaces
Property Details for 119 Broadway
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional turnkey restaurant opportunity presents a rare chance to acquire a thriving business in downtown Billings, Montana. Located at 119 N Broadway, this 2,943 square foot establishment boasts a prime location on one of the city's most desirable streets. The property features a fully equipped kitchen with updated equipment and lighting, creating an efficient and modern workspace. The inviting atmosphere is enhanced by new table tops and lighting throughout the main dining area. Further adding to its appeal are a private party room, perfect for special events, and a private patio, ideal for outdoor dining. A full basement is included at no additional cost, offering ample storage or expansion potential. The current lease is a NNN (Net, Net, Net) single-tenancy agreement with four years remaining, ensuring a stable and predictable income stream. The restaurant has enjoyed 100% occupancy, demonstrating its strong performance and established customer base within the Billings community. This is a truly exceptional opportunity for a seasoned restaurateur or a first-time business owner looking to step into a successful, established operation. The asking price for this turnkey restaurant is $225,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Billings
- County
- Yellowstone
- State
- Montana
- Longitude
- -108.507
- Latitude
- 45.783
