118 W Wallace ST Virginia City, MT 59755
3,120 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building/ Business
Listing Status Active
Purchase Type For Sale
Square Footage 3,120 sqft
Price per Sqft $297
MLS Listing ID 399010
Year Built 1873
Annual Tax Amount $1,523
Tax Year 2024
Lot Size 3,179 Sqft
Acres 0.073
Property Sub-Type Building/ Business
Property Description
With a history dating back to 1873, this landmark building has all the charm of a historic saloon including 4 magnificent back bars, beautiful original hardwood floors and atmosphere to beat the band! High ceilings in the main dining room and a long bar capture the feel of the old West while the cozy back-room bar seating area is, in fact, the original bootleg parlor speakeasy of the town.
The 5-year solid sales history as a German/American restaurant under the current management team reports annual sales averaging over $200,000, while operating well below potential.
Located at nearly 6,000 feet in elevation, the Ruby Valley Mountain views are stunning and draw folks looking to experience the Wild West by enjoying the Stagecoach, Train, Gold Panning, Living History, live theatre and comedy shows, or simply walking the boards of this original Western pioneer and gold-mining town. Just 90 miles from Yellowstone National Park or Big Sky and it's world-class skiing, and right next to the heart of the best trout fishing in Montana on the Madison River, the area is famous for all seasons of recreation and attracts visitors all year long particularly during the summer months.
*The business has an existing beer and wine license which new proprietors can apply for, and included in this sale, as well as all social media platforms will transfer directly to the new owner.
Location
State MT
County Madison
Area Madison/Beaverhead/Jefferson
Zoning Virginia City
Direction HWY 287 into Virginia City. (becomes Wallace) When traveling north, location will be o the left. Traveling south, location will be on the right. Diagonally across the St. from the Madison Gov Office.
Interior
Heating Electric, Propane
Cooling Ceiling Fan(s)
Fireplace No
Exterior
Utilities Available Propane, Sewer Available, Water Available
Water Access Desc Public
Building
Sewer Public Sewer
Water Public
Others
Tax ID 0001014900
Ownership Full
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Special Listing Condition None