Property summary
This exceptional 13,300 square foot office building, located at 64 S 1st St E in Malta, Montana, presents a unique investment opportunity. Currently operating as the Stockman Bar & Steakhouse, this turn-key establishment offers 4,156 square feet of versatile space, newly constructed in 2000. The interior features a spacious bar area, dining tables, buddy bars, pool tables, a gaming area, and a fully equipped kitchen. Additional amenities include meeting rooms, a walk-in cooler, office space, restrooms, and ample storage. A significant asset is the partially covered terrace area at the rear, encompassing a bandstand, dance area, additional bar, restrooms, and proximity to the kitchen and a second walk-in cooler. This outdoor space, enclosed by a privacy fence, is perfect for large events. The property also benefits from a catering license, allowing for outdoor liquor sales and food service. The building is well-integrated with city services and offers a seamless transition for a new owner. Located on a prime corner in downtown Malta, this property boasts a strategic location and established reputation. The 2023 property taxes were $4,958.58. This is a rare opportunity to acquire a thriving business and substantial property in the heart of Malta's vibrant downtown. The asking price is $590,000.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
1 · Malta, MTZoning
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Zoning designation
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The district profile from the municipal source: what is on file for 1 in Malta, MT.
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