111 3Rd StHamilton, MT 59840

  • Retail properties
  • 4,200 SF
For Sale
$1,200,000 View listing

Property Details for 111 3Rd St

Year built
1946
Construction
WOOD
Lot size
0.10 AC
Property size (Sq ft)
4,200 SF
Property type
Retail properties
Property subtype
Retail space
APN
13-1467-25-4-40-02-0000
APU
13146725440020000

Description

This exceptional turnkey restaurant opportunity is located at 111 S 3rd Street in the heart of downtown Hamilton, Montana. The 4,200 square foot space sits on a 0.1-acre lot and offers a high volume of walk-in business, complemented by ample street parking. The sale includes all furnishings, a fully equipped kitchen, existing artwork, and a valuable beer and wine license – everything needed to seamlessly transition into ownership. The current establishment, Bouilla Restaurant, has demonstrated consistent sales growth since its opening in 2013, providing a strong foundation for continued success. This is a rare chance to acquire an already thriving business in a desirable downtown location. The property's prime position ensures high visibility and accessibility for customers. The inclusion of all equipment and the existing license significantly reduces the start-up costs and time associated with launching a new restaurant. This is a truly exceptional opportunity for an experienced restaurateur or someone looking to enter the industry with a proven business model. Serious inquiries only

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,104,130
    6.5%
    $1,019,197
    7%
    $946,397
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,256,615
    Geo Method
    $2,256,615
  • Alternative Use

    Use
    Valuation
    Residential
    $859,731
    Hospitality
    $787,509
    Educational
    $655,198
    Medical
    $677,731
    Retail
    $1,019,197
111 3Rd St, Hamilton, Montana
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Location Insight

City
Hamilton
County
Ravalli
State
Montana
Latitude
46.2463
Longitude
-114.159

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,611
-
-
$441,700
-
$97,370
$344,330
$441,700

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