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    OFF-MARKET
    Turn key restaurants

    419 2nd E St, Whitefish, MT 59937-2653

    5,616 SF 0.06 ac lot Built 1905
    Entity Owned 10-yr Hold ~ Est. High Equity
    Property ID
    US52-0199092
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a unique blend of hospitality and real estate in the heart of Whitefish, Montana. Located at 419 E 2nd Street, this property boasts a rich history, having been built in 1905. The main attraction is the renowned Wasabi Sushi Bar, a well-established restaurant included in the sale. The sale encompasses all furniture, fixtures, and equipment, along with the business name and cabaret license, ensuring a seamless transition for the new owner. Adding to the income potential, the property also features a flat upstairs, currently configured for nightly or weekly rentals, generating additional revenue streams. Furthermore, two additional apartments contribute to the property's overall profitability. Situated on a 0.06-acre lot, this prime downtown location offers unparalleled visibility and accessibility. The asking price for this turn-key operation is $2,500,000. This is a rare chance to acquire a thriving business and valuable real estate in one of Montana's most desirable towns. The property consists of four units in total, offering diverse income streams and potential for future expansion or renovation. This is an exceptional opportunity for a savvy investor seeking a profitable and established business in a vibrant location. The property's historical charm combined with its modern functionality makes it a truly unique investment.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1905
    Construction WOOD
    Total area 5,616 SF
    Lot 0.06 ac (2,744 SF)
    Zoning code 6
    APN 07-4292-36-1-40-21-0000
    UPID US52-0199092
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Wasabi Sushi Bar Restaurant
    • The Flat Hotel & Motel Resort
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Banditt Mt Investors LLC · 10 yrs held
    Banditt Mt Investors LLC
    since 2015
    5 recorded transactions
    2017
    2016
    2015
    2012
    2008
    Zoning & alternative use
    6 · Whitefish, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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