87 Central Ave, Stanford, MT 59479
For Sale
1 / 57
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.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.
