213 Main St Hot Springs, MT 59845-1115
This exceptional opportunity presents a well-established restaurant and bar for sale in the vibrant heart of Hot Springs, Montana. Located just a block from the renowned mineral soak and historic hotel on a 0.16-acre lot at 213 Main Street, this business boasts a 15-year history of consistent year-round revenue and a loyal customer base. The property, built in 1940, features a dining room with multiple heat sources including a wood-burning insert, propane forced air, and efficient mini-split heating and cooling systems. Solid wood floors grace the dining area, complemented by recently updated barstools. A fully equipped kitchen, complete with dependable and well-maintained equipment, is enhanced by a dedicated bakery and ample storage space. The roof was recently replaced in 2019 and carries a 12-year warranty. This turnkey operation offers a unique chance to own a thriving business in a desirable Montana location. The asking price is $449,000. This is a special purpose property with significant potential for continued success.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.