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    Property profile & analytics

    213 Main St Hot Springs, MT 59845

    • Bars
    • 3,042 SF
    • 0.16 lot acres
    For Sale
    View listing
    $449,000
    Value Estimation
    Location Intelligence
    Property ID
    US52-0588392
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details for 213 Main St

    Year built
    1920
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    3,042 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    35-3096-04-4-31-11-0000
    APU
    35309604431110000

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Sanders
    State
    Montana
    Longitude
    -114.671
    Latitude
    47.6082

    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
    $5,597
    $0.00
    $0.00
    $317,790
    -
    $27,360
    $290,430
    $317,790

    Comparable in this City

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      107 Broadway St, Hot Springs, MT 59845-1089
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      116/118 Broadway St

      Restaurants • 1,976 SF
      116/118 Broadway St, Hot Springs, MT 59845
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      RESTAURANT • 3,168 SF
      1962 Mt Hwy 28, Hot Springs, MT 59845-9719
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    213 Main St
    Hot Springs, MT 59845
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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