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    OFF-MARKET
    Turn key restaurants

    721 9th Ave, Bozeman, MT 59715-4314

    2,201 SF 0.16 ac lot Built 1880
    Individually Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US52-0211774
    Property summary
    AI-generated overview

    This exceptional Bozeman property offers 3,200 square feet of fully renovated commercial/restaurant space in a charming, turn-of-the-century house near Montana State University. The B1-zoned property includes a 400 sq ft detached apartment and ample parking on a 0.16-acre lot. The restaurant is fully licensed (with a separate Restaurant Beer & Wine License available) and equipped to comfortably seat over 100 guests, both indoors and outdoors. Both floors of the main building can be used independently for private events, with a dedicated second-floor private dining room for 12. A state-of-the-art commercial kitchen, added during a 2012-2014 renovation, boasts a 13-foot Type-1 hood, 12-burner cook line, 1800 cubic feet of combined walk-in refrigeration and dry storage, and a separate prep kitchen. The kitchen features high-end finishes including metal cladding and welded-seam Altro flooring. The entire property underwent extensive renovations, including a new exterior with Hardie siding and trim, energy-efficient windows and doors, updated roofing and lighting, new concrete entryways and walkways, a landscaped patio, and full landscaping. The interior boasts new noise-absorbing ceilings, walls, and doors, updated staircases, lighting, flooring, and ADA-compliant bathrooms. All new plumbing, electrical, HVAC, and fire safety systems were installed. The detached apartment, renovated in 2021, features new Hardie siding and trim, energy-efficient windows and doors, a sleeping loft, and a remodeled bathroom. Priced at $1,775,000.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1880
    Construction WOOD
    Total area 2,201 SF
    Lot 0.16 ac (7,144 SF)
    Zoning code 6
    APN 06-0798-12-4-02-06-0000
    UPID US52-0211774
    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
    • South 9th Bistro Restaurant
    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
    Henry C Fargot · 14 yrs held
    Henry C Fargot
    since 2012
    1 recorded transaction
    2012
    Zoning & alternative use
    6 · Bozeman, MT
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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