Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    87 Central Ave Stanford, MT 59479

    • Bars
    • 1,347 SF
    • 0.16 lot acres
    For Sale
    View listing
    $275,000
    Value Estimation
    Last Sale
    Mar 10, 2023
    Location Intelligence
    Property ID
    US52-0658746
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details for 87 Central Ave

    Year built
    1900
    Construction
    WOOD
    Lot size
    0.16 lot acres
    Property size
    1,347 SF
    Property type
    Bars
    Property subtype
    Pubs
    APN
    36-2568-16-2-23-04-0000
    APU
    36256816223040000

    Description

    This exceptional opportunity presents the chance to own the renowned Waterhole Saloon, a long-standing fixture in the charming town of Stanford, Montana. Situated on a 0.24-acre lot at 87 Central Avenue, this well-established business boasts a loyal clientele drawn to its unique atmosphere and popular events. The saloon offers a welcoming space for locals and visitors alike, featuring a private casino for those seeking entertainment. A comprehensive remodel in 2013 enhanced the rustic charm with the addition of circular sawn fir flooring, weathered tin accents, and a steel bar top. The property also includes updated mechanical systems, such as a new water heater and two new furnaces. The sale includes a valuable full liquor license, catering license, and gaming license, providing a turnkey operation for the new owner. The Waterhole Saloon benefits from its location in a vibrant community that hosts numerous annual events, including a Christmas Stroll & Wreath Auction, Scarecrow Festival, CMR Stampede PRCA Rodeo & Street Dance, and shipping parties, ensuring a consistent flow of customers throughout the year. This is a rare chance to acquire a thriving business with significant potential for growth in a picturesque Montana setting. The asking price is $275,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Stanford
    County
    Judith Basin
    State
    Montana
    Longitude
    -110.218
    Latitude
    47.1538

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,196
    $0.00
    $0.00
    $206,860
    -
    $8,950
    $197,910
    $206,860

    Comparable in this City

    • Value Estimation by Request
      2,173 SF

      36619 Us Hwy 87

      BAR, TAVERN • 2,173 SF
      36619 Us Hwy 87, Stanford, MT 59479-9420
      View Details
    • Value Estimation by Request
      3,100 SF

      99 Central Ave

      BAR, TAVERN • 3,100 SF
      99 Central Ave, Stanford, MT 59479-9582
      View Details
    • Value Estimation by Request
      3,169 SF

      42754 Us Hwy 87

      BAR, TAVERN • 3,169 SF
      42754 Us Hwy 87, Stanford, MT 59479-9568
      View Details
    • Value Estimation by Request
      4,000 SF

      Stanford, MT 59479

      SHOW ROOM, WAREHOUSE • 4,000 SF
      Stanford, MT 59479
      View Details
    • Value Estimation by Request
      3,036 SF

      Stanford, MT 59479

      RETAIL STORES (PERSONAL SERVICES) • 3,036 SF
      Stanford, MT 59479
      View Details
    • Value Estimation by Request
      1,812 SF

      58 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,812 SF
      58 Central Ave, Stanford, MT 59479
      View Details

    Similar Nearby for Sale

    • $301,000

      Iconic Waterhole Saloon For Sale

      Established Montana saloon with full liquor, catering, and gaming licenses.
      87 Central Ave, Stanford, MT 59479
      View Details
    • $275,000
      0.24 Acres

      Waterhole Saloon: Montana Gem

      Established Restaurant, Turnkey Opportunity
      87 Central Ave, Stanford, MT 59479
      View Details
    • $879,000
      0.95 Acres

      Thriving Supermarket Business Opportunity

      Turnkey supermarket with expansion potential in a supportive Montana community.
      82 Central Ave, Stanford, MT 59479
      View Details
    • $150,000
      1 SF

      Central Avenue Commercial Property

      Commercial property with laundromat and office spaces in Stanford, MT.
      79 Central Ave, Stanford, MT 59479
      View Details
    • $275,000
      0.24 Acres

      Iconic Montana Saloon for Sale

      Established business, full liquor license included.
      87 Central Ave, Stanford, MT 59479
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    87 Central Ave
    Stanford, MT 59479
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.