6287 Mt-83 Condon, MT 59826

Property Details for 6287 Mt-83

Year built

1975

Lot size

1.66 lot acres

Property size

4,554 SF

Property type

Commercial real estate

Description

This exceptional turnkey business opportunity presents the Hungry Bear Bar and Grill, a well-established Montana establishment located at 6287 MT-83 in Condon, Missoula County, Montana, 59826. Boasting a prime location on a major highway with high daily traffic counts (1975 vehicles), this property benefits from consistent tourism, attracting hunters, fishermen, snowmobilers, and travelers year-round. The 4,554 square foot bar and restaurant features a private dining room, an outdoor party tent for catered events, and casino gaming machines. Additional amenities include outdoor patio seating, mini golf, cornhole, and horseshoes, ensuring diverse entertainment options. The business operates on a 12-month season, with consistent revenue streams throughout the year. Included in the sale are existing licenses and future booked events. Inventory is negotiable, and a full list of furniture, fixtures, and equipment (FF&E) is available. The property also includes three buildings on a 1.66-acre lot, with a 624 square foot cabin suitable for owner use or rental income. Built in 1975 and extensively renovated in 2023, this property offers a strong return on investment, with a Net Operating Income (NOI) of $143,000 and a 13% cap rate. The asking price is $1,100,000. This is a rare opportunity to acquire a thriving, multifaceted business with significant growth potential in a desirable Montana location.

Location Insight

City

Condon

County

Missoula

State

Montana

Longitude

-113.676

Latitude

47.4779