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118 W Wallace Street, Virginia City, MT 59755

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For Sale

$929,000

3,120 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • $297.76
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Own a piece of the Great American West in historic Virginia City, MT, billed as the West's most complete original town. The large capacity restaurant has a fully equipped commercial kitchen, comfortable private attached newly renovated apartment, and other possible staff housing option onsite - truly a turnkey operation. Local patrons and tens of thousands of visitors annually recognize this spot as their favorite restaurant in town. 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.
MLS# 399010

Courtesy Of ReMax Mountain Property

(406) 682-5001

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Ceiling Fan
  • Cooling System
    Ceiling Fan(s)
  • Lot Size
    0.07 Acres

Map and Directions

Directions to 118 W Wallace Street, Virginia City, MT 59755

Home seller CENTURY 21 Heritage Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Heritage Realty

(406) 683-3610
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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