Property summary
This exceptional turnkey business opportunity encompasses the highly successful Montana City Grill, a well-established restaurant, casino, and bar complete with a full liquor license. Situated on a 2.88-acre lot just off Interstate 15's Montana City exit, this property benefits from a prime location in a rapidly growing community only five minutes south of Helena, Montana. The Montana City Grill boasts a rich history, having operated successfully at this location for the past 40 years, cultivating a loyal customer base. The spacious main floor restaurant comfortably seats 195 patrons, while a substantial 1,316 square foot second-level banquet room provides ample space for larger events and catering opportunities. Revenue streams are diversified, including restaurant and bar sales, gaming proceeds, and catering services. Significant recent improvements enhance the property's operational efficiency and appeal. These include the replacement or refurbishment of most kitchen equipment within the last five years, encompassing two new coolers, a new dishwashing system, a new security camera system, and four out of five air conditioning units. Further enhancing the property's curb appeal, concrete sidewalks were replaced and the parking lot was resealed in 2023. The property features a private well and septic system, ensuring self-sufficiency. This is a rare opportunity to acquire a thriving, established business with significant growth potential in a desirable location. The 8,218 square foot building offers ample space for continued operations and potential expansion. The asking price is $3,200,000.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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