1425 Broadwater Ave, Billings, MT 59102-5323

This exceptional 18,514 square foot casino property, located at 1425 Broadwater Avenue in Billings, Montana, presents a unique investment opportunity. Built in 1956 with renovations in 1985 and 2007, the single-story building sits on a substantial 41,755 square foot lot, zoned CMU1-CORRIDOR MIXED USE 1. The asking price is $1,995,000, translating to $107.76 per square foot. Land value alone is assessed at $108 per square foot. The property boasts a fully equipped kitchen, a dance floor, and two full bars, previously operating as a restaurant, sports bar, and arcade. While the current Net Operating Income (NOI) is $0, there's potential for significant revenue generation. A concession agreement with the owners of the adjacent Plum Creek license may be attainable, offering a pathway to securing a casino license. Note that the sale does not include the existing license. This owner/user investment presents a rare chance to acquire a well-established property in a vibrant location with substantial upside potential. The property's history and existing infrastructure provide a solid foundation for a successful venture. Serious inquiries are encouraged.