For Sale
$345,000

721 Center AveHardin, MT 59034

Established Diner, High Cap Rate, Turn-Key

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1,950 square foot restaurant located at 721 N Center Avenue in Hardin, Montana, is available for purchase at $345,000. Boasting a 15% cap rate and 100% occupancy, this is a prime investment opportunity. The property, a Class B single-tenant retail building, is owner-occupied and currently operates as a long-established diner. Built in 1946 and recently remodeled, the restaurant is in excellent condition and ready for immediate operation by a new owner. The prime location in Hardin's business district and on the town's business loop ensures a steady stream of customers, including both locals and travelers. The diner benefits from a large base of repeat local customers and significant traffic from those passing through town for business, vacation, or recreation. The current owner is retiring after many years of successful operation, presenting a unique chance to acquire a thriving, established business. The price per square foot is $148.65. The sale is a direct sale from the owner, with no remaining lease term. This is a turn-key operation ready for a new owner to step in and continue the success. The property is situated in Big Horn County, Montana, zip code 59034.

Highlights

  • 1,950 SF restaurant for sale at $345,000 in Hardin, MT (59034).
  • Class B, single-tenant retail building with 15% cap rate and 100% occupancy.
  • Owner-occupied diner, established in 1946, recently remodeled, and in excellent condition.
  • Prime location in Hardin's business district on the town's business loop, offering high traffic and repeat customers.
  • Turnkey operation, direct sale from retiring owner, no lease term. $148.65/SF.

Property Details for 721 Center Ave

Property type
Retail properties, Restaurants
Square Feet
1,950 SF
Class
B
Year Built
1946

Location Insight

City
Hardin
County
Big Horn
State
Montana
Latitude
45.735987718423
Longitude
-107.60603302638
721 Center Ave, Hardin, Montana

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721 Center Ave
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