419 2nd E St, Whitefish, MT 59937-2653
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.
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Wasabi Sushi Bar Restaurant
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The Flat Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6 · Whitefish, MTWhitefish. Always verify with local authorities before improvements.
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.